Money Personality Quiz
Quizzes are now becoming a lot more popular nowadays. In facebook, there are so many quiz applications from a quiz on your personality, moods, hairstyle, songs, movies, etc.
Upon browsing Salve’s Money Smarts, I recently took up the Money Personality Test that I found. And the results are quite accurate as for me with regards to my personality on money.
The results said that I am a “Micromanager”. What does it mean? Read the description below:
Micromanagers love planning, planning, and then planning some more! Their budget is usually designed to avoid surprises and in preparation for any foreseeable contingency. Micromanagers can become very uncomfortable if an unforeseen expense arises. They often can tell you how much they have in the bank to the penny and how much they spent this month on groceries, etc.
Micromanagers are often comfortable with spending money on luxury items, as long as they are planned for and built into their budget.
Micromanagers are rarely susceptible to investment schemes. However, they may sometimes miss out on good opportunities as they repeatedly explore the pluses and minuses of an investment. If a micromanager does invest, it will tend to be in more conservative ventures such as bonds or CDs.
If you don’t feel your micromanaging to be excessive or cause you or your loved ones tension, this may be a very effective style of money management for you. If you find yourself spending an excessive amount of time reviewing your budget to the detriment of other spheres of life, you may wish to explore developing more effective coping strategies.
Although I started investing in bonds thru Unit Investment Trust Funds and Mutual Funds, I recently shifted to a more risky investments in stocks and equity funds.
How about you, what’s your money personality? Is it accurate also? I would love to hear your results. Leave your comments.
Take the Money Personality Quiz now.
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Filed under: Personal Finance
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6 comments
thanks for this! I am also a “micromanager”. Keep up the good work bro!
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Wow - me, I think I just spend my money everytime I feel I needed some real vacation and rest. Hehe.
Just dropping by to say hi dude. I was away for several weeks - yep, took that much needed vacation.
Now its back to reality. And back to blogging as well. See ya around.
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If you’re interested in a real psychology-based personality test, check out our Personality Patterns app; it provides very detailed feedback in a visually, interactive format, along w/some cool social features. You can also find it on Facebook. On the go? Try it on your iPhone.
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Thanks for posting this! Thanks for your comment as well.
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hi. have taken the quiz and the result showed that i’m a balanced spender/investor. I’m not sure if this is good or bad. But still it’s nice to know that i’m not doing bad.
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hi! great article..
i just hope that your fonts are bigger
and has 1.5 line spacing to lessen
stress to our eyes while reading. tnx..
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