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Prime Resource Centre

February 2017

Glen Callow

5 Feb 2017

Fitbit financier, hoarder to splasher?

Which of six financial personality types are you? asked the Financial Times, with some pointed comments about their flaws. Fitbit Financiers, obsessively checking their balances, may seek control of money because they've lost control elsewhere in their lives, while Cash Splashers are generous only to impress. Hoarders see piles of cash as security while Anxious Investors watch their investments too closely and trade far too much, thus reducing the returns they get. Social Value Spenders buy to boost their self-esteem and may be as addicted as alcoholics. Lastly, the Ostrich ignores bills and tax demands until they threaten disaster.