Your money personality
New Idea|November 14, 2022
What’s yours? The answer could help you build your bank balance
By Evan Lucas
Your money personality

Do you see money as simply a tool to get you from A to B? Or is money central to your personal identity?

Becoming financially self-aware is the starting point to financial freedom. And that means getting to know a side of yourself you may not have considered before – your money personality.

THE SAVER

Savers wait until items are discounted before making a purchase and always aim to pay with cash rather than credit.

However, Savers aren’t comfortable taking on higher-risk investments. The issue for Savers is the security of having physical money impedes their ability to grow their funds over time as savings are eroded by inflation.

THE SPENDER

Spenders enjoy the latest of everything. This costs money, which leaves Spenders facing solid debt.

Bu hikaye New Idea dergisinin November 14, 2022 sayısından alınmıştır.

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Bu hikaye New Idea dergisinin November 14, 2022 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.