Emotions & Sentiments drive financial markets. So it is absolutely important for you as a traders/investor to understand your own thought patterns about money. This will help you to get a grip on your emotions & make better financial investment decisions.

Understanding your money related emotions i.e fears, greed, shame, envy and coming up with a way to manage them is a must have tool for a financial investor & trader in the longer term.

People usually fall into one of the below 7 personality types according to Ken Honda, author of bestselling book “Happy Money: The Japanese Art of Making Peace With Your Money”.

  1. The Compulsive Saver
  2. The Compulsive Spender
  3. The Compulsive Moneymaker
  4. The Indifferent-to-Money
  5. The Saver-Splurger
  6. The Gambler
  7.  The Warrior

So which personality type are you ? 

Take FalconFunda’s Mindset about Moneytest and find out your personality type.

Understand Your Mindset about Money ?