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Your Money Personality





I really get a kick out of the MSN Money personal finance articles.  The other day, they wrote about money personalities and how most people struggle with their relationship with money. They then went on to categorize 8 money personalities that people fall into. I’m not sure how much value it provides, but it’s an interesting list none the less.

Here are the 8 money personalities listed by MSN:

1. The Guardian is always alert and careful.

2. The Pleasure Seeker prioritizes pleasure and enjoyment in the here and now.

3. The Idealist places the greatest value on creativity, compassion, social justice or spiritual growth.

4. The Saver seeks security and abundance by accumulating more financial assets.

5. The Star spends, invests or gives away money to be recognized, feel hip or classy and increase self-esteem.

6. The Innocent avoids paying significant attention to money, believing (or hoping) that life will work out for the best.

7. The Caretaker gives and lends money to express compassion and generosity.

8. The Empire Builder thrives on power and innovation to create something of enduring value.

Going through the list, I would say that I’m mostly “The Saver” with some of “The Guardian” and “The Caretaker” along with a touch of “The Empire Builder“. So I guess you can say that I have multiple money personalities.

The article’s research concludes that people are happiest when they have a balance of all 8 personalities above. It seems that I should work on a few aspects of my views on money.

Which money personality or personalities are you?





8 Comments, Comment or Ping

  1. I think I have 8 different personalities..

  2. 2. Geoff

    Funny – when I have $ I’m more a saver/empire builder. When I don’t have money (debt, etc.) I’m more of an innocent.

    I’m having a renaissance with my Saver side, having just completed my Innocent phase and my attempt at Empire Building, …. :)

  3. 3. paulette

    I think im a mixture of 3 classifications:)

  4. 4. Cow

    I’d say I’m a mix of Idealist and Saver. I don’t give away money I can’t afford–and if I’m not meeting my savings/retirement/student loan paying goals, I can’t afford it–but once that’s done I’m rather liberal with my giving for causes and people I believe in.

  5. I am “The Saver” and “The Empire builder”. Some of these have similarities. I think most people fall into several of these categories.

  6. I totally agree that ALL of these classifications could be applied to everyone. People are not machines, so even if you are a ruthless empire builder, you could still be an idealist on certain days..

  7. 7. Madhavi

    How interesting!

    Yes it’s true. As I was reading this post I felt I have all these 8 personalities in I.

    But let me tell you something very important about my perfect personal finance guide—my MoneyLIFE-a personal finance magazine.

    With every issue it is empowering me to invest and spend wisely and smartly. For me it is an essential tool for Learning-Earning-Spending-Investing Cycle.

    Bye..keep enlightening brains…

  8. 8. Matt

    I feel like I’m a Saver, with a latent desire to be an Empire Builder.

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