If you answered mostly A, you tend to be a spender.

Spenders come in all forms. There are impulse spenders, thoughtful spenders, and those who just like to spend. A strong feature of spenders is that they feel an emotional connection to spending money. They may associate it with enjoyment or gaining acceptance or respect.

A challenge for spenders is that they may experience higher levels of financial stress and can end up in more debt than other money personalities.

If you need a little extra motivation to spend less, consider the power of setting goals and the power of compound earnings. Examine the difference that delaying a big purchase can make in both your short-term and long-term financial life. Spenders especially benefit from having a plan to map out how they can achieve their financial goals.

Consider visiting Goal Setting to get started on the Money Ready curriculum. And watch this video to learn why it’s important to invest.

And if you find yourself in a lot of debt and feeling overwhelmed, be sure to check out our six-step video series to learn how to destroy debt.

It is important to remember that these are broad categories, and one category is not necessarily better than another. You may find that you identify with more than one money personality. There are strengths and weaknesses in each. Knowing which money personality you most align with can help identify new possibilities for better financial health.

You answered mostly B, you tend to be a saver.

Savers value the security of money in the bank because it means they are in control.

Top goals for savers may include building an emergency fund or becoming debt free. Savers are among the first to tell you that cutting out your morning latte from the coffee shop can lead to big savings.

A challenge savers face is inflation – the continuous rate at which the costs of goods increase. Savers are often conservative and can miss out on growth by keeping all of their savings in the bank rather than investing.

If you tend to be a saver, you probably do a great job with your emergency fund and keeping a budget, but take the next step, and see how investing might help grow your resources over time.

Watch this video on how time helps build wealth.

And since savers tend to value security, check out how to ensure your family has adequate life insurance coverage by watching this short video.

It is important to remember that these are broad categories, and one category is not necessarily better than another. You may find that you identify with more than one money personality. There are strengths and weaknesses in each. Knowing which money personality you most align with can help identify new possibilities for better financial health.

If you answered mostly C, you tend to be a giver.

Givers make a point of showing love and affection by purchasing gifts, dinners, and supporting favorite causes.

An important financial goal may be to leave a legacy. Life insurance, estate planning, and beneficiary designations can help achieve the goal of leaving a legacy or bequest.

However, it can be challenging for givers to remember to pay themselves first. Meeting your most important goal of a legacy or bequest is a lot easier if you take care of your own needs first. A budget and financial plan can help guide you on a path toward your goals.

To make sure you leave the legacy you want, watch this video on tips for estate planning.

And don’t forget to pay yourself first! In this video, check out four reasons it’s important to save.

It is important to remember that these are broad categories, and one category is not necessarily better than another. You may find that you identify with more than one money personality. There are strengths and weaknesses in each. Knowing which money personality you most align with can help identify new possibilities for better financial health.

If you answered mostly D, you may be an investor.

If you think of money as a tool, and you are comfortable taking some level of risk to achieve your financial goals, you might be an investor.

A top goal for an investor could be a fully funded retirement account each year. However, sometimes investors are so focused on the distant future, they forget about the present.

It is important to have liquid resources and three to six months of living expenses in an emergency fund to cover unexpected costs.

Be sure to check out why an emergency fund is important by watching this video.

It is important to remember that these are broad categories, and one category is not necessarily better than another. You may find that you identify with more than one money personality. There are strengths and weaknesses in each. Knowing which money personality you most align with can help identify new possibilities for better financial health.