Do you know how your money personality affects how you interact with money? Do you know what your money personality is? Science shows us there are four main archetypes: avoidance, worship, status and vigilance. Your money personality drastically affects how you interact with money.
People with the money avoidance personality have a negative association with money and due to this, have negative financial outcomes in their lives. There are impulsive people who make impulsive decisions with money, like starting a new business hastily or an impromptu shopping spree. In both cases, one’s money “personality” directly affects his or her financial outcomes. This is why it’s important to know your personality and do your financial planning accordingly for the best possible results! And this is why we call it personal finance.
All four of these archetypes have elements of truth and dysfunction. What are common behaviors of the other three archetypes, and which one are you? Watch this episode of #YourBrainonMoney to find out.
Do you know how your money personality affects how you interact with money? Do you k...