Which “money personality” are you? | Your Brain on Money
To be good with money, you have to know yourself.
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Financial advice needs to be personalized. There is no "one size fits all" approach to financial management.
In fact, just as we all have different personalities, we also have unique "money personalities."
There are four different money personalities: avoidance, worship, status, and vigilance. There are elements of truth and dysfunction in each.
0:00 Money psychology
0:57 The neuroscience of personality
2:07 4 money personalities
4:22 Personal(ity) finance
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Пікірлер: 198
More Your Brain on Money videos: Money experts explain how to break bad money habits: kzread.info/dash/bejne/fGSqz5WIYZW4oM4.html Your Brain on Money full playlist: kzread.info/dash/bejne/oaxpzdKLYNLaoLA.html
You missed those that view money as a tool for freedom. I don't care about money, but I care about being free from needing an employer and money enables that.
@AreYouAliveYet
Жыл бұрын
I’d argue that is a variant of money vigilant. I care about my money as a tool to bring me the lifestyle I want. I might downplay how much I have because I’m saving and planning for a future of freedom, not buying designer clothes.
@izdotcarter
Жыл бұрын
They talk about this in the previous video
@leenaken5626
Жыл бұрын
You either get freedom from money or make so much to get freedom of this world
@aaronburgess155
Жыл бұрын
Money is a chain. Having more money might make you feel free. Still chained to money. What are you without money?
@andriartayudianto8918
Жыл бұрын
That's the last one. Money Vigilant! Same thing. I'm with you on this. FI
"Money doesn't change people. It shows who they really are."
@jared-vv9nd
Жыл бұрын
Nah it definitely changes people
@jorgenoname6062
Жыл бұрын
@@jared-vv9nd Nah it just shows who they truly wanted to be when they had none.
@lafandenuel5605
10 ай бұрын
sooooooo true
Two lessons I've learned about money: 1) Money coming in and money going out must be in your advantage. If you spend more than you earn, you are in trouble. If you earn more than you spend, you are fine. 2) How do you allocate money? "Spend some, save some, give some" - D. Meyer.
I've had more than one job since I was 19, always lived below my means, saved as much money as possible, have paid off my credit card in full every month since I was 18 (I've had a credit score over 800 since I was 26), and use coupons/discounts. I love when I am able to treat myself and make big purchases in full like my Tesla that is coming in a few weeks. I love saving money and seeing it grow and thrive, like a plant 🌱.
I've gone through the different types of money patterns throughout my life: -In my 20s and 30s I did "money avoidance" and "money status". -Now In my 40s I'm more "money vigilant". And it's funny, I do downplay what money / Realestate I have. Not that it's a lot, but more than the average middle-class person. In all phases of my life, I've always had *money worship* . Although I hate money.
@Thegenerator100
Жыл бұрын
My guy, you‘re huge 🤝
Not everybody needs children.
@Anonymoose66G
Жыл бұрын
@HuskyOps I understand that however the whole point of a species is to pass on genetic coding, some may see it as a duty to do so for your species, it also gives are life meaning and joy, it's rough but rewarding, in these times of uncertainty having a child can be risky as we see the birth rate plummet across the globe due to free contraception, education and more. I would just advice you to consider it more and how you want your life to turn out, do you want it to be remembered? If so by whom? You have no kids so the only way to truly be remembered is by achieving a great humanitarian goal. Also this may seem insensitive but maybe consider seeking therapy, not directly for not wanting children just perhaps it may be beneficial.
@MrVariando
Жыл бұрын
@@Anonymoose66G Not all individuals of a species leave descendants. :v Humans like to call themselves "rational" because we aren't like other animals :v We can chose things and go beyond instinct or whatever. People are scared over nothing. Lower birthrates isn't a problem to the species, it's a problem to the way modern societies are organized. Not the same thing.
@stefanomaranini7033
Жыл бұрын
You are right is something you want not something you need.
@Anonymoose66G
Жыл бұрын
@@julm7744 Yes I know I actually thought about that whilst writing the comment and concluded your memories still impact your spouse and therefore you still contribute to the succession.
@Anonymoose66G
Жыл бұрын
@HuskyOps Completely fair, it's not for everyone and that's okay as long as you try find another important meaning in life, and try to enjoy it as best you can.
I want to see humanity one day overcome money entirely
@lightskinnative
Жыл бұрын
That day will only come when government is no longer needed
@mariokery7155
Жыл бұрын
Jaques fresco and the Venus global project advocated and solved this puzzle by creating a resource based economy. It's riveting reading and Jaques fresco has a KZread channel.
@Cardioid2035
Жыл бұрын
@@mariokery7155 I’ve been following that project from a distance for years… I agree with most of his opinions on society and I fully endorse every aspect of his work when it comes to that societal structure. I really think it’s worth a try and we’d all be a lot happier to exist
@alexc2265
Жыл бұрын
@@mariokery7155 omg, I was just about to mention him!
I hate money, and I strive everything internally. But I can't help without it, and I know precisely why, although it reaches into the depth of your soul, crawling into your dark desires, it also challenges the mind to reach for their dreams and the satisfaction that comes with it. It's almost a discipline but a knife behind your back.
Financial therapist…….I have a feeling I might be good at that. I definitely know there’s a massive need for them!
@thomaskositzki9424
Жыл бұрын
You can therapise as much as you want, the system is so completely rigged to benefit only the rich, it is basically pointless. Being on low wages and being stuck there doesn't let you accumulate anything.
I have money fear. I hate thinking about it and I avoid doing that religiously. Never knew how much money I make beyond occasionally seeing a number on my bank account. I even have this sense that caring about money is 'a bit dirty'. I've had occasional financial problems as a result of that; things like not being to able to buy groceries because my debit card was maxed out, so I finally sit down and sent out some invoices - more often than not, ten or more of them, representing thousands of Euros. I was lucky that I had one or two customers who would then promptly pay so I only needed to live on stale bread and peanut butter for a week or so. Can't explain it. I must have cost myself tens of thousands, if not hundreds of thousands of Euros as a result.
@Belleza07
Жыл бұрын
If I were you, I would hire someone based on only-commissions to collect all that hard earned money.
@dddmmi
Жыл бұрын
Bro I'm the exact same way, I recieve my paycheck and piss it all away by the next one, so as soon as anything when slightly minor happens I'm completely paralyzed even though theoretically I should be just fine. I hate thinking about money at all
@basbunder
Жыл бұрын
I don't have the fear of money just the fear of not being able to life healthy because I have to little. What helps me is to send it to a account I don't use only to store money. So every week ik het my personal paycheck and ik always know what I can and can't spend. Ones set up I hid the info of the saving account from myself. So now my system bugeds for me because it's automatic. It's out of sight out of mind. But we are all different so maybe it wil work for you, it's worth a try. It safes me a lot of headaches and stress. Since i will always have more the next week.
@aleynamutlu4206
Жыл бұрын
Money is dirty if you go out and buy yourself dirty stuff but it also prevents berend from starvation and for him to go out and buy food which he put no labor in no questions asked.
@berendharmsen
Жыл бұрын
@@aleynamutlu4206 I think it's the very concept of accumulating wealth that I find a bit distasteful, and that caused me to go in the other direction of not really wanting to have anything to do with it. I will freely admit that this is a position that will kill you unless you happen to live in a country like mine, where (to my neverending surprise) it turns out that all kinds of pension systems you are automatically paying into (by you and your employer) just keep chugging along whether you pay attention to them or not. If you live in western europe you can sort of afford to ignore money; I doubt you can do that in many other places.
I'm very anxious about money. I constantly fear about poverty... BUT I still manage to live fully in accordance to my needs and desires. I want to buy memories instead of collecting "things". So i've been travelling and working all around the earth for 4 years now. The problem with this way of life is the need to take some risks often, and the sensation of financial instability due to travelling, looking for jobs, ... BUT the thing of "getting out of the comfort zone" is always getting me proud and full of new experiences. Also, i have some advantages : I'm french, and a nurse = lots of french islands and territories, and work everywhere since covid. I even managed to spare 20k euros in those four years. But the richer I am, the more anxious I get. Weird
I am a teacher who has been studying education for years, and by extension, people's learning abilities, personalities, the effects of nature/nurture, and social-emotional wellness. There are some large inconsistencies with the content in this video with what the education science community has unveiled about people. The idea of 50% of DNA affecting one's personality is incorrect; trends have shown that our lived experiences largely dictate our behaviors, abilities, perceptions, and personality. Comically, people's lived experiences have NOTHING to do with who they are spending time with (parents vs peers according to this video). The reality is that everyone alive right now is experiencing their own consciousness as it maneuvers through a ever morphing social and isolated situations---we are always either learning or reinforcing these experiences depending on what emotions, thoughts, and routines we build up.
This is a strange one for me. I love money for the possibilities it brings but also see it as a need. After going abroad for a year I and having big trouble in getting a job I realized the need of money since I could only afford some fruit or a vegetable, lost about 15 kg. So I guess I put it on a pedestal but with the mindset to grow and give to people who need it. Growing money has been a fun yourney, so far I like to invest in education by trying business ideas and learning from being able to fail. The concepts haven't always made money but the opportunity it brings is what I love about it and then knowing that food will be on the table is a big bonus.
@greetings.haveaniceday.7162
Жыл бұрын
The LOVE of money is the root of all evil.
@basbunder
Жыл бұрын
@@greetings.haveaniceday.7162 I partaly disagree. I think there are also d*cks in the world who are fundamentally d*cks because they enjoy it. I think money incurrages people to do evil but is not the root cause. A lot of evil is connected to money but there is more at play. It depends on the peoples capacity to show and feel empathy, their greet for power which is not always connected to money but being able to boss people around. The world revolves around money but in the end it's a tool and need to life. It's how people make money and spend money that makes it look evil, but I see it as a mirror of the personality of the person using or earning it.
Thanks to this video i’ve embraced my inner gambler!!!
Rich or poor, at the end of the day, *_without love and sense of humor there is unhappiness and life is meaningless._* 💕☮🌎🌌
Don't let money be the goal. Let it be a means towards achieving the goal.
I’m going to start a financial KZread channel. It’s needed. I see Caleb’s channel growing so fast, more types of channels like that are needed. The people of this country need that.
@Hanagigi
Жыл бұрын
What country would that be.
Something I've wondered about for a long time...Why do some women regularly laugh mid-sentence during general conversation?
The principles of money don’t change.
Well, I'm neurodivergent so I don't quite understand what the fuck am I doing here in the first place.
such a good content! so much profound information in a beautiful form Money is the most mystical thing bc it received such a distorted perception of it from the society over time. But wait, it's been created by society...
I already did this during the 90ties…
I have a spend-it-before-I-have-it kind of personality 🤣
Thank you universe ❤️
I have one question.... Is direct selling business and network marketing good for making money? Is advance matric system is good option for making a network?
It still surprises me that they put subtitles to one the of the neuroscientist when he spoke perfectly
I guess I am a money vigilant today. Retired early in my life and today more than ever money only simply is a tool to bring you options in life.
It takes money to make money 💵💵
It would have been great to include a link to a quiz so people can see which money personality they are
happy to be money vigilant.
This needs to be an hour or better yet 3 hours. Seriously
automation might be the way to go for me as well
I believe there is a larger nuance not discussed in the program: impulse control / delayed gratification as seen in Stanford's marshmallow experiment. Those with impulse control and a sense of delayed gratification tend to do better in life including financially.
I'm a money vigilant and my business partner is money afraid. Any advice?
Be Honest - Be honest with yourself and others even when it's costly. Honesty is powerful, attractive, and creates an unshakeable DMT foundation for success in your business and personal life.
@mycellphone4437
Жыл бұрын
Joe Rogan has entered the chat.
@BigBrolls
Жыл бұрын
I looked up "DMT foundation" and it appears to be make-up stuff. Is that what you were referring to?
Yoo why is the background music in this video so goooooood
I like this channel, but this video had no information, no advice other than: financial planners should give personality tests. Came for substance, left disappointed.
Anyone know a good website or app that can help automate money?
The last 8 seconds sum up this video.
I don't need money until I need it then I don't need it anymore
I don't really understand the Big Think videos. They give some info, introduce some concepts, hint at this or that... and in the end I don't feel like I gain anything from them. I don't know if it is because of the way the videos are shaped and edited or what but I always get the feeling that they are incomplete and unfinished.
Joslyn Carmen Shakur
i believe about 70% of your overall psychology and personality is shaped by pop culture, media and the internet.
you need money worship to get the money then you learn money vigilance
I like your videos. But the music in the background is really annoying. :(
@Oleefant
Жыл бұрын
Indeed.
I like your gold and white dress a lot
Common intermediate among most pyrate among people is money.
I'm a risk taker with money I can afford to lose and live much cheaper than I need to. Retired at 50
I want money for the security & freedom it gives
Money is a material object for humanity, NOT animals.
Use Vision to Generate DMT - DMT can be consciously created and sustained by using your imagination to come up with a compelling vision of the future. The best kind of DMT is positive and internally grounded.
I avoid money. I have a bad experience of money making with my family members so then on I quit liking money.
I wanna become money therapist
"Money doesn't just buy you a better life, better food, better cars, better p***y - it also makes you a better person." The Wolf of Wall Street (Money worship personality)
I lividly hate money.
I reconnected with a best friend who I always admired for working his fucking ass off to invest himself in the stock market. I'm broke and just couldn't find any reason to care about collecting money, so I asked him about how I could try and do stocks since I can't find the motivation to work for money and he told me something I'll never forget. It doesn't matter how much you start with, just take half of it into your backyard and burn it. He didn't think I was going to like this advice but the idea struck me so hard that it made me want to make money to simply burn it. The next night I took a dollar, which is already more than I can technically afford, and lit it on fire. Remembering that moment makes me feel so good that I think I have a problem now. I wrote all this before watching the video so I'm interested to see my personality shows up.
@eileenms8559
Жыл бұрын
Wait... You LITERALLY burned the money... How did this help exactly??
@miothebarber
Жыл бұрын
Thanks for ur effort to deal with the inflation
@mushrifsaidin
Жыл бұрын
Sounds really retarded to me, you gain absolutely nothing remotely beneficial from what you did and the advice your friend gave is devoid of meaning behind it
I think i fall into all the types of money personalities, i'm i confused?
When you come from poverty your relationship with money is totally fucked. For the most part. So you might be too messed up emotionally to even think logically about money and even when you do you might habitually sabotage yourself because of all the anxiety you developed from living in poverty. People don’t address that and that’s a serious problem. It’s as if the system wants people to be poor because who’s going to work at McDonald’s if everyone is financially logically and emotionally stable
Great
If this "financial therapists" would be effective they would have been rich themselves. 🤣
"Financial therapist" That actually exists? Jesus...
Didn't even know "financial therapist" was a job.
Wait, what?
Please lower the background music
My money personality is that I got an unpayable student loan when I was 20, and now nearly a quarter century later, I still can't get a bank account, but I watch Big Think videos... Guess I should start selling drugs again! lol
Wait so you are telling me that people don’t filter for the advice that can benefit them individually and that they need the advice they receive curated for them?!
1:32
Love from india 🇮🇳
💭
euro ! from eureka ...! pondsterling its okey, dollars ? ok to be ok like million dollar man èò
Love this
the comments section is full of bots omg
there`s something very wrong with this video... when you are buying things compulsively - you don`t have problem with managing the money, you have problem with quality of your life. Plus no one is avoiding money, they just don`t want to spend time of one life they got on something that they are not going to get good compensation for/ satisfation.
Is there a way to learn how you developed these segmentations? what kind of data do you rely on that made you categorize them this way?
Hey big think fam
ENTJ personality makes the most money out of any type.
front end fleece back end gain front end fleece back end gain but what if you are the back end and don't fleece 🤒
they seem like have various types of jobs but have one and same public speaking Coach. hahahha
If you found your way here because you're trying to learn about personal financial management, forget everything you heard in this video. It's awful. Your personality as it relates to finance is simply an indicator of what you need to manage/monitor in order to accumulate wealth. That is all. The rest is numbers, and numbers don't care about your personality.
Wait… is the narrator Jordan Peterson’s daughter?
These videos aren’t long enough 😭
the background music pretty much drowns their important message.. godammit
That’s why I hate every single “dOnT Do ThIs dO tHiS iNsTeAd” video
Money advice is math. Personality doesn't factor in if you're goal is the absolute fastest way to get out of debt and into wealth.
@Optimistas777
Жыл бұрын
absolute fastest way usually involves extreme sacrifices. Only people with certain personalities will accept those sacrifices to get a chance at achieving extreme wealth. People with different personalities are want different things
@Nicolas0981
Жыл бұрын
@@Optimistas777 Well sure if you go to the extreme- but not drinking Starbucks every day, eating cheap easy to throw together meals every day, not spending money on cable are pretty easy sacrifices to make.
10th
I didn't fit in any of those personalities at all.
If you want to be a millionaire you must be ready to have the headache of millionaire... each to his own..
@michael2275
Жыл бұрын
Not really, you can easily become a millionaire with an average income in a developed country with some time and a lot of discipline.
I’m a finance student and I can verifie
@mateoberroeta1793
Жыл бұрын
Judging by your grammar, you should’ve studied English
@kristine6996
Жыл бұрын
Excell programs help you out too. Banks should provide this to their clientaccounts.
Aha. Those "experts" want us to give THEM parts of our money to make US more "money-healthy"? Or rather give them money to make THEM more "money healthy" (=wealthy)? ;-) Come on, dear "experts". Just leave us alone.
Many wealthy people are money vigilant and money status at the same time. Don't believe these people acting like wealthy people don't buy status symbols ALL THE TIME.
No more money
Not everyone needs a home..? You sure about that part tho lmao i can understand not having kids But like you can’t sleep under a bridge forever lol
the background music on this is very distracting
mine is one word: insipid
If you put money in a slot machine, more money comes out. Like when 2 monies have a baby.
This is a bit loosey goosey...
💚❤️
IMHO useless waist of words and time to listen to them. Money is a necessity for mitigation of our terrible and arrogant selfishness that result from our natural and social congenital defects and weaknesses. So this video is just a speck that shines on just one angle of the whole Multigalaxy of conjunct problems.
Everyone at some point needs to own a home unless theyre so rich they can afford spiralling rents in their retirement or theyre so poor the state offers free housing.