Sunday Star-Times

So how did the finance journalist score?

- ROB STOCK

As the author of this article, I thought it would be fascinatin­g to put myself through the money personalit­y test.

And the result was fairly conclusive as to which of the five primary money personalit­ies (Amasser, Money Monk, Spender, Avoider or Hoarder) I was.

‘‘For you, money equals security,’’ the automated conclusion came back within seconds.

‘‘You tend to be a Hoarder, you like to save money. You also like to prioritise your financial goals.

‘‘You probably have a budget and may enjoy the processes of making up a budget and reviewing it periodical­ly.

You have to be careful you don’t go too far into the Hoarder space and become a bit too much of a scrooge and not enjoy the money.

‘‘You most likely have a hard time spending money on yourself and your loved ones for luxury items or even practical gifts.

‘‘These purchases would seem frivolous to you. You might very well view spending money on entertainm­ent and on holidays and even on clothing - as largely unnecessar­y expenses.’’

‘‘If you think about investing your money, you tend to be concerned not with liquidity but with future security, especially during retirement.

‘‘Saving for a rainy day appeals to your orderly nature.’’

Simon Lempriere from Money Mentalist sent across an email a few minutes with my secondary money personalit­y later.

‘‘Your primary Money Personalit­y is a Hoarder, and your secondary is an Amasser. A decisive outcome, two of the other three didn’t get a mention!

But he had this warning: ‘‘You have to be careful that you don’t get too far into the Hoarder space and become a bit too much of a scrooge and not enjoy the money you have accumulate­d.’’

 ??  ?? Personal finance journalist Rob Stock was a Hoader with a touch of an Ammasser.
Personal finance journalist Rob Stock was a Hoader with a touch of an Ammasser.

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