What Is Your Money Personality?
Score! You just made $500 selling unused stuff at a garage sale. What do you do with the money?
A new version of your smart phone just came out with some really exciting new features. What do you do?
Choose how you would finish this sentence. The money I earn is…
You’re getting an unexpected 3% raise! What do you do with it?
Your 8-year-old just saw a new toy that she wants, but it is pretty expensive. What do you do?
Your good friends are planning a vacation this summer and have invited you to come along. How do you pay for it?
Congratulations! You just got a bonus at work. How will you use the money?
Quiz: What is Your Money Personality?
Spender
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.
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.
Saver
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.
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.
Giver
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.
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.
Investor
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.
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.
Share your Results:
MilLife Milestones
Spender
Saver
Giver
Investor
Quiz
Our Blog
5 Financial Resolutions to Start the New Year Off Right
You don’t need to wait until January to take a fresh look at your finances. Get a jump on the new year with these five resolutions — they can really…
5 Financial Power Moves for MilSpouses
During National Veterans and Military Families Month in November, we salute the strength of our families as they support the mission of our community. MilSpouses, especially, display determination as they…
The Year In Review: Bring Your Financial Picture into Focus
It can be fun and even eye-opening to watch those year-end montages reminiscing about the year. If you ever have that moment when you say to yourself, “Wait, that was…
Your Financial Personality Quiz
Score! You just made $500 selling unused stuff at a garage sale. What do you do with the money?
A new version of your smart phone just came out with some really exciting new features. What do you do?
Choose how you would finish this sentence. The money I earn is…
You’re getting an unexpected 3% raise! What do you do with it?
Your 8-year-old just saw a new toy that she wants, but it is pretty expensive. What do you do?
Your good friends are planning a vacation this summer and have invited you to come along. How do you pay for it?
Congratulations! You just got a bonus at work. How will you use the money?
Quiz: What is Your Money Personality?
Spender
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.
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.
Saver
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.
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.
Giver
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.
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.
Investor
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.
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.
Share your Results:
MilLife Milestones
Renters Insurance – Protect the stuff you love and need
The phrase “home sweet home” takes on a different meaning when you’re a military spouse! Every move comes with decisions…
What You Need to Know about Stock Market Volatility
We’re often told NOT to stick our heads in the sand when times get tough, right? Well, when it comes…
Spring Clean to Earn Some Green
Ah, spring! Days are getting longer, temperatures are rising, and for many, it is a time to renew and refresh.…
Celebrating MilSpouses and Community
Military spouses are the lifeblood of the military family. You wear many hats whether you’re home managing the household, pursuing…
Inflation Hacks – Tips to Strengthen Your Budget
By now you’re likely feeling the impact of paying more at the grocery store and gas station. Are these increases…
From Piggy Banks to Roth IRAs – A Phased Approach to Saving
Perhaps now more than ever it’s important to talk about smart money moves with your children. We’re all feeling the…
Tax Prep – What You Need to Know
With the change in seasons, many are busy making summer travel plans. But don’t forget – there is an important…
Financial Well-Being for Your Military Family
Frequent moves, employment challenges, training exercises, deployments, living away from your support network. As a military spouse, it is…
Money Ready
Money Ready
Money Ready
Money Ready
