Ideal psychological type to manage money

In 2002 a study was conducted to identify the ideal psychological type for money management.

Interestingly, as published in the paper “the psychology of money” (Ware), the researcher was unable to identify the ideal psychological type for money management.

Instead, it was concluded, “all personality types can be winners, but they must first understand their own strengths and weaknesses and compensate accordingly. This sort of self-knowledge leads to wisdom and personal mastery.”

So everyone can be a winner and the likelihood of financial success increases when you understand your money personality, associated strengths and weaknesses and manage these accordingly.