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4 Things Your Savings Can Tell You About Your Personality

This article was originally on GET.com at: 4 Things Your Savings Can Tell You About Your Personality

Time for a personality test, money style. Who knew your savings could tell you so much about your personality. You might find that you're saving a particular way for a period of time and sometimes you find it changing over time. Don't be alarmed, that's pretty normal too.

You might also find that certain personality traits may overlap, but you still save a certain way. That can mean that one personality trait is stronger than the other.

There's also a chance that you won't relate to any of these personality traits. Sometimes your circumstances might be the reason why you're not able to save the way you want to. This is just GET.com's way of helping you learn more about your saving style. If you find this helpful that's great, we just want you to have some fun discovering more about yourself through what you have or don't have.

4 Things Your Savings Can Tell You About Your Personality

1. You Have More Than Enough Savings

If you're the type that has a bountiful savings stashed away in your bank account slowly rolling up interest, then you deserve a big reward for yourself. Not everyone can say to themselves (or others) that they have a substantial amount of savings that's going to be enough to sustain them through rainy days.

To get to where you are now must have taken a lot of patience and discipline, simply because savings take time to build. If you feel totally secure about your savings, you probably have quite an amount in that piggy bank. To that I say, well done!

Tip: If you're a chronic saver, be careful no to get so carried away thinking about the future that you start to miss out on the present, like going out for a meal or drinks with friends, all in the name of saving.

Traits: Disciplined, consistent, patient and far-sighted

2. Your Savings Are Slowly Depleting

Do you consciously put aside your savings and try as much as possible to stay away from diiping into them, but you just can't? Having access to your savings makes it that much easier to use them, especially when you come across some sale or item that you simply "must have". You see something that you really like, and even though you don't need it you feel that you must have it. You reach out for your savings card and swipe away, or pull a couple bank notes out of your safe.

Sound familiar? If this is you, then you're probably finding it difficult to exercise self-control. I don't blame you. It's easy to crack under pressure when you see something you want but can't get your hands on it.

Tip: If this happens once in a great while, you can still replace your savings as soon as your salary comes in. But do it too often and pretty soon there will be no more savings to dip into.

Traits: Impulsive and short-sighted

3. Your Savings Are Stagnant

It could be one or the other with this one. If your savings are stagnant, ask yourself, is it because you put aside money once or twice, and completely forgot saving the next time round? Or maybe you just think that you have enough money in your account and there's no need to grow it anymore?

Well, either way, it would be best to stay vigilant and consistent when it comes saving. Although having some savings (even if they're stagnant) is still better than having none.

Tip: Don't feel like you have to save large amounts every time. Sometimes because of your circumstance like a loss of a job for example, it can be difficult to contribute a big amount of money to your savings, but you could still put aside something.

Traits: Forgetful and complacent

4. You Don't Have Any Savings

If you still don't have any savings, that is a little dangerous, I'm not going to lie. But I believe it's never too late to start, though you should probably start saving ASAP. If you're hoping to save whatever's left of your money at the end of the month, that's probably why you don't have much in your savings account.

But for some it might also be because you don't have enough to save in the first place. If this is you, don't fret it. Just save what you can afford to save, even if that means $50 a month. What's important is that you can live healthily with enough food on the table and a roof over your head. As long as you save every month or every time you have income, it will come to fruition soon enough in the future.

Tip: Pay yourself first. It's the best and least painful way to save. Once you put some money aside for yourself, don't look at it again. You just have to try living within whatever you have left after setting aside your savings. End of story.

Traits: Care free, in-the-moment and short-sighted

What do you think? Share your comments with us below!

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