Money Personalities

money tutorial >> step 2 >>Evaluating Your Behavior Toward Money >>part 2 understanding your money personalities

Understanding Your Money Personalities

Congratulations! You've reached part 2 of evaluating your behavior toward money.

As part 1 of step 2 stated, there are five different money personalities when it comes to money.

1) Spenders

2) Savers

3) Spenders and Savers

4) Investors

5) Spenders, Savers and Investors

Which One Are You?

Study the personalities below to see which

of those are you.

Spenders

What is a spender?

A spender is someone who takes money and buy something with it. Another word for spenders are

money spenders. Most spenders are impulse shoppers. If they see something they want and they have money or a credit card they buy it.

Now remember that money was made to spend. So its fine to spend money. But try not to spend all of it.

Savers

What is a saver?

A saver or a money saver is an individual that takes his or her money and put it away instead of spending it. Although there are many places savers can put their money, most people option to put their money in a bank or credit union.Spender, Saver and Investor.

Investor

What is an investor?

An investor is an individual that uses his or her money to buy things that can bring a financial return. Investors invest in things suchs as stocks, bonds, real estate, collectibles, and many other things that can potentially bring a profit.

Spenders and Savers

Who are spenders and savers

Individuals that do not spend all of their money but rather save some too are consider both money spenders and money savers.

Spender, Saver and Investor

Who are spenders, savers and investor?

People who have a plan to spend some, save some and then invest some of their money are consider all three.

The Most Sensible of the Money Personalities Is:

kind of savings plan and you invest some.

Continue step 2 >> Do Money Exercises