Mastering Your Money: Uncovering Your Personal Financial Style

Money is a part of everyone’s life, but how you manage it depends on your financial style. Your financial style reflects your attitudes, beliefs, and behaviors when it comes to money. Understanding your financial style is important because it can impact your financial success, relationships, and overall well-being.

In this article, we’ll explore the different financial styles and how you can identify and improve your own.

First, there’s the Spender financial style. As the name suggests, Spenders are people who love to spend money. They often buy things on impulse and may have trouble controlling their spending. According to financial expert Dave Ramsey, “Spenders make decisions based on how they feel in the moment.” If you identify as a Spender, it’s important to develop self-control and budgeting skills to avoid overspending and getting into debt.

On the other end of the spectrum are Savers. Savers are people who are very cautious with their money and like to save for a rainy day. They often have a hard time spending money, even when it’s necessary. While it’s important to have a savings mindset, it’s also important to enjoy the fruits of your labor. As financial expert Jean Chatzky says, “Money should work for you and not the other way around.”


Next, we have the Avoider financial style. Avoiders are people who don’t like to think or talk about money. They may avoid budgeting, bill-paying, and other financial responsibilities. While it’s understandable to want to avoid stress and anxiety, ignoring your finances can lead to long-term problems. It’s important for Avoiders to face their financial fears and learn basic money management skills.

Then there’s the Dreamer financial style. Dreamers are people who love to imagine their future wealth and success. They often have big ideas and plans, but struggle with taking action and implementing them. While it’s great to have ambition and goals, it’s important to take practical steps to achieve them. Financial expert Suze Orman says, “The only way to create real wealth is to make a plan and stick to it.”

Lastly, there’s the Flyer financial style. Flyers are people who live in the moment and don’t think too much about the future. They may have a carefree attitude towards money and may not prioritize financial planning. While it’s important to enjoy life, it’s also important to plan for the future. Financial expert David Bach says, “You’re never too young to start planning for your future.”

So, which financial style do you identify with? Keep in mind that your financial style can change over time and in different situations. The important thing is to identify your strengths and weaknesses when it comes to money management and work on improving them.


One way to improve your financial style is to set financial goals. By setting specific and measurable goals, you can work towards achieving them and improve your overall financial health. Another way is to educate yourself on basic money management principles and strategies. There are many resources available, from books and online courses to financial advisors and coaches.

It’s also important to communicate with your partner or spouse about your financial style and goals. Money is one of the top sources of stress and conflict in relationships, so it’s important to have open and honest conversations about your attitudes towards money.

In conclusion, understanding your financial style is a key component of personal finance. By identifying your financial strengths and weaknesses, setting goals, and educating yourself, you can improve your financial health and overall well-being. Remember, it’s never too late to start taking control of your finances and building a better financial future.