Different Types of Personalities When It Comes to Money

Different Types of Personalities When It Comes to Money

Hoarder

When you are a hoarder, you fear spending or investing your money because the returns might be low or you might become broke. Hoarder tendencies can result from financial difficulties in the past. If this is your money weak spot, consult a financial advisor to help you make the right investment decisions.

Compulsive Spender

As a compulsive spender, you always want the latest cars, clothes and gadgets in your collection. Most people with this personality spend things that don’t add great value to their lives or want to be generous to everyone who comes their way. If you are a compulsive spender, embrace budgeting. Making a budget and sticking to it will help you avoid spending on expensive things or items you don’t need.

Compulsive Saver

Compulsive savers will neither reward themselves with something new nor make heavy investments. They believe constantly saving is the best way to lead a more secure life. If this is you, advise that you cut back on your saving and live a good life. Also, you may want to check out with a financial advisor to help you choose your investments.

Elena Ognivtseva
Latest posts by Elena Ognivtseva (see all)

Nutritionist, Cornell University, MS

I believe that nutrition science is a wonderful helper both for the preventive improvement of health and adjunctive therapy in treatment. My goal is to help people improve their health and well-being without torturing themselves with unnecessary dietary restrictions. I am a supporter of a healthy lifestyle – I play sports, cycle, and swim in the lake all year round. With my work, I have been featured in Vice, Country Living, Harrods magazine, Daily Telegraph, Grazia, Women's Health, and other media outlets.

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