Thread by @finshots

Are you the reckless shopper, fretting over your credit card bills every month?

Or the obsessive saver diligently keeping track of every dime?

Well, psychologists say there are 5 personality types, finance-wise, that you may fall into.

A thread (1/n)

👉The Hoarder

This is the kind of person who would hoard cash - piles of it. And we don’t just mean currency notes - saving deposits too. Hoarders want to completely do away with risk, heck, this bunch won’t even invest money.

👉The Splurger

Remember that aunt who brings you the most expensive gift every birthday? She’s a splurger.

This person would max out their budget on birthdays & festivals, getting everyone the fanciest gifts- good for the receiving party, but not for the splurger’s ATM card.

👉The Anxious Investor

Unlike the hoarder, this personality has a thing for risk. Undaunted by the swings of the market, the anxious investor would trade excessively. And while too much trading isn’t really a bad thing, this person displays a sort of compulsive trading behavior

👉The Ostrich

Legend has it that ostriches bury their head in the sand, waiting for problems to pass them by. That’s basically what this kind of person does when it comes to financial decisions.

They would rather surrender their fate in the hands of a money manager than learn how a fixed deposit works. This is definitely the category you don’t want to be in.

👉The Fitbit Financier

If you’ve seen an ant work, think of this person as the finance personality version of it. These guys work hard to keep their bank balance & monthly expenditures in good shape. Forget planners, this person would create their own spreadsheets & whatnot.

So which description fits you? Let us know.

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