Someone’s wealth can easily be identified with their net worth. If your net worth is zero (or negative), then you are officially broke. If you have a net worth that’s $100,000 or thereabouts, you’re pretty average. And if your net worth exceeds $2 million, it’s pretty safe to say that you’re wealthy. But this doesn’t necessarily say anything about your money personality now does it?
What’s Your Money Personality?
So what’s the difference between a current state of wealth and a money personality? Won’t the wealthy simply have a saver personality and the broke have a spending personality? You’d think so, but not necessarily.
Spendthrift def. = a person who spends money in an extravagant, irresponsible way.
The ‘spendthrift’ money personality gets a charge out of spending money. They see the item in the store and their adrenaline starts pumping, their eyes get big, . . . → Read More: Spendthrift, Contentment, or Miser? What’s Your Money Personality?