What kind of money spender are you? Do you have problems with money or are you the friend who saves and always loans out your cash to your frivolous friends. It’s not how much you earn that determines the type of lifestyle you live, rather how you spend and save your money that counts.
The Spender
They love to spend money just because they can get so much stuff with it. They buy gadgets right when they came out. They have to have the newest and best. Spenders tend to run into money problems quick and have trouble paying off their bills.
Tip: Stop watching so much tv, you can’t buy what you haven’t heard of.
Money Builder
They see money as a means to reach dreams. They think towards the future and see money as something to save in order to achieve. They work whatever job they have to and save, dreaming about saving enough money to make those dreams come true. However, many run into problems as the risks are too great for what they are dreaming to achieve.
Tip: Weigh the risks vs. returns
The Money Giver
These people are great. Everyone needs a money giver friend. They like to buy presents for other and even donate. They give their time towards helping others and put money into things they believe in. They don’t believe in storing whether. Doing good makes them happy.
Tip: Make sure to make sure you are doing well first, before looking after others.
The Saver
The Savers are the penny punchers and sometimes miss out on the pleasures of life because they can’t help saving money. They acquire a wealth of earnings. But, they are weary to take risks with their money. They live very comfortably by pointing out where money is being wasting and avoiding those activities. However, they might die before they can really enjoy their money.
Tip: Enjoy your life a little while saving. How much money do you actually need to save to live comfortably?
What kind of saver are you? Take the quiz here.
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