Does prosperity have anything to do with your “money personality”? Apparently, yes! Your money personality defines your attitude toward money, and that essentially determines your financial behavior – making decisions regarding putting funds into savings for another a day, into retirement, spending on necessities versus desired purchases. Knowing your money personality as a small business owner can help you identify and overcome any potential losses that could negatively impact your ability to succeed in business.
Over the course of time, I’ve learned there are four basic types of money personalities. The following is a list of the most common personality types as well as the typical behavior patterns associated with them.
Money Hoarders These are people who do not like taking risks with their investments. They prefer to keep their money locked in a savings account and tend to be small spenders.
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