Just like the famous MBTI test, we also have certain traits we portray when handling money. This is known as money personality! In today’s blog, I will be sharing 4 of the more common money personalities and some money advice to each of these categories! Knowing your money personality is essential to building good money habits as you can better rationalise how you value money and avoid potential financial pitfalls.
If your peers constantly call you frugal and come to you for any good deals, you probably fall under this category! It’s important, though, not to fall into the trap of thinking you’re a Saver when you make unnecessary purchases that are on sale and think the money is well-spent. People with this misunderstanding often put focus on the amount of money they have saved with promotions, instead of how much they have spent in totality. If you still