Money Personality Types
Shopper
Shoppers often develop great emotional satisfaction from spending money. They can't resist spending, even if it's to buy items they don't need. They are usually aware of their addiction and are even concerned about the debt that it creates. They look for bargains and are happy when they find them.
Big Spender
Big spenders love nice cars, new gadgets, and brand-name clothing. People with a "spending" personality type aren't typically bargain shoppers; they are fashionable and always looking to make a statement. This often means a desire to have the latest and greatest.
Saver
Savers are the exact opposite of big spenders. They turn off the lights when leaving the room, shop only when necessary, and rarely make purchases with credit cards. They generally have no debts and may be viewed as cheap. Savers are conservative by nature and don't take big risks with their investments.
Debtor
Debtors don't shop to entertain or cheer themselves up and aren't trying to make a statement with their expenditures, they simply just don't spend much time thinking about money or keeping tabs on what they spend. Debtors generally spend more than they earn and are deeply in debt while not putting much thought into investing.
Investor
Investors understand their finances and try to put their money to work. Regardless of their financial position, investors tend to seek a day when passive investments will provide sufficient income to cover all of their bills. Their actions are driven by careful decision-making, and their investments reflect the need to take a certain amount of risk in pursuit of their goals.