Stacks of Hundred Dollar Bills scattered in bulk 

Find out how you handle money.

What’s your money style? Do you save every dime or live it up for today? Do you avoid the topic of money altogether? Are you a Hoarder, Splurger, or Avoider? Your money style is an important part of who you are. Understanding what drives your behavior when it comes to money will help you learn about your Money Style-so you can build on your strengths and compensate for your weaknesses. It can also help you to choose consciously how you would like to handle money, instead of letting your unconscious tendencies rule your money decisions.

See if any of the three money styles below reflects your own traits. Understanding your Money Style is the first step to changing your financial circumstances. So read on to see how you can improve your money patterns, which are mostly unconscious habits.

Money Style #1 – Hoarder

$ Balancing your checkbook isn’t a chore–it’s fun to see how much savings you’ve accumulated from month to month.

$ You live for a great bargain and love freebies and to coupon.

$ You check your bank account several times a day.

$ You skimp on important, necessary purchases because you feel they are “materialistic”.

$ You have every money management app on your smartphone.

$ You calculate everything down to the single penny.

Whereas others see money as a means to buy nice things, hoarders see it as a means to obtain security. There is no dollar figure that could probably make you feel financially secure. No matter how much a hoarder has, they can create this irrational fear that one false move or unexpected disaster will leave them with nothing or just in fear of losing a little bit of control.


Your Strengths + You easily live within your means. Sticking to a budget is a breeze for you, and you’ll never waste a dime on credit card interest or outrageous bank fees.

+ You’re a master bargain hunter who can dress and decorate beautifully on a shoestring.

Your Weaknesses Focusing on a secure tomorrow means you often fail to enjoy today.

You can be too conservative with your savings. You prefer to stash your money in a low-interest-paying bank accounts because you can’t stand to lose a penny.

Your Strategy To improve your financial future, take baby steps toward loosening up. Allow yourself a small luxury or move a small portion of your savings into stocks rather than keeping it all in a low-risk, low-return bank account. Instead of letting your money sit in a low-interest bank account, you can also move it into a savings account that offers a higher rate. Seeing that such “risky” behavior doesn’t necessarily lead to disaster will help you become more comfortable with exploring other investment options that can grow your money and allow you to enjoy your hard-earned cash.


Money Style #2 – Splurger

$ You spend your paycheck on shopping before paying bills.

$ You’re an impulse spender.

$ You do not have a budget.

$ You’ve never met a credit card offer you didn’t like.

$ Eating out all the time doesn’t faze you instead of preparing meals.

$ You underestimate “little” expenses.


Splurgers have a tough time setting limits. Buying things is a comfort that helps spenders feel important, loved, and validated. Spending money makes many people feel more powerful. It makes them feel like they are someone or worth something to the world.

Your Strengths + You know how to live in the moment and enjoy life.

+ You’re often the first to try out a new gadget or a new spot.

Your Weaknesses You tend to overindulge and exceed your means.

You rack up credit card debt and reluctant to save.

Your Strategy To get your spending under control, you must first tackle the insecurities that drive your habit. After a person has lived a certain way for a while and suddenly they find themselves in a bad place financially, it is hard to give it up. The lifestyle they have become accustomed to, must be maintained.

On a practical level, you must set and stick to certain limits. Journal all your expenses for a month so you can see where money is going and where you can cut back at. Put away your credit cards and give yourself a weekly cash allowance to avoid overspending. Seeing your spending in black and white can be painful and scary but it can open your eyes to help you manage your money the right way.


Money Style #3 – Avoider

$ When it comes to making a financial decision, you will avoid the situation and find all kinds of reasons for avoiding it.

$ You get uncomfortable talking or even thinking about money.

$ You let your bills stack up because you feel a sense of dread opening them up.

$ You don’t budget because you are afraid that you find out that you are overspending.

$ Fear that a budget will take away your freedom.

$ You’re just too busy – Lack of time

Avoiders are not comfortable with the subject of money due to their lack of interest or they feel that there are other more important issues. Avoiders prefer not to deal with financial issues rather than confront and fix them. They have trouble keeping tabs on their current spending and neglect investing for the future.

Your Strengths + You don’t allow money to stress you

 Your Weaknesses You feel you are “above it all” when it comes to money and as if money doesn’t matter

The longer you avoid your finances, the more likely your financial situation will get worse

 Your Strategy Work on changing your state of mind! The need for money is a fact of life. Discussing money and having a plan is important in order to thrive and survive in today’s world. Take up courses on financial education, map out a simple savings plan to use it to guide you towards your goals, not avoiding them!


What is YOUR money style and how does it help or hinder you?  Tell me below in the comments!

Sign up for more Tips, Inspiration & Freebies!!!
I hate spam. Your email address will not be sold or shared with anyone else.