What Is Your Financial Personality?

Imagine a world where money didn’t matter.

Think about how awesome it would be, and then come back to reality. The unholy truth that money exists, pretty much controls everything and we have no choice but to manage this monster – easier said than done for some of us, as our financial personalities don’t seem to get along well with future planning.

The same way your ability to confidently approach strangers (or not) speaks to a particular personality type, your spending behaviors reflect a financial personality.

In The Money in You!, author Julie Stav defines the five financial personality types:

The Diva

These are the women who let money “escape between their fingers.” Enamored by luxury and opulence, diva spending is often characterized by feelings of entitlement.

The Do-Gooder

Do-gooders are in tune with social responsibility and give willingly. Problem: they track their charitable contributions haphazardly – if at all.

The Dionysian

Meet the culturists – people who love “the good life,” fine dining, designer clothes, gallery openings, $50 cocktails. Lifestyle trumps all, so Dionysians delay paying bills, go without savings and put retirement on the backburner.

The Hoarder

They’ve perfected the art of saving. With two emergency funds and retirement savings for three, they are poster children for dependability and financial security. But, their grip can be so tight that they live and invest too conservatively.

Bonus PINK Link: You have income, but are you wealthy?

Which personality type are you?

By L. Nicole Williams

Nicole is the Editor at Little PINK Book. Follow her on Twitter @williamsnicolel.

“Do what you love and the money will follow.” Marsha Sinetar