{"id":313,"date":"2018-12-18T10:26:49","date_gmt":"2018-12-18T02:26:49","guid":{"rendered":"http:\/\/dushyantnomics.com\/?p=313"},"modified":"2022-12-23T09:17:08","modified_gmt":"2022-12-23T01:17:08","slug":"3-ways-introverts-can-improve-money-skills","status":"publish","type":"post","link":"https:\/\/dushyantnomics.com\/3-ways-introverts-can-improve-money-skills\/","title":{"rendered":"3 Ways Introverts Can Improve Money Skills"},"content":{"rendered":"\n
Like so many other aspects of our lives, our personalities play a major role in our relationship with money and financial wellness<\/a>.<\/p>\n\n\n\n Your introvert personality can be a key element of how you feel, act and react when dealing with money matters.<\/p>\n\n\n\n Understanding this interaction of your personality and money can be useful. If you are someone with an introvert personality this could be helpful in two ways:<\/p>\n\n\n\n Firstly<\/em> – You can continue to benefit from your strong points. They are the natural gift of your introvert personality.<\/p>\n\n\n\n Secondly<\/em> \u2013 You can identify the areas where your decisions could possibly go wrong. This would allow you to improve your money skills to face those situations in the future.<\/p>\n\n\n\n It does not mean that you need to change your introvert personality. However, being aware of your likely personality linked responses may help you avoid some common money mistakes.<\/p>\n\n\n\n Introverts have some natural advantages when it comes to handling money matters. As these traits are so ingrained in your introvert personality you don\u2019t even realise their importance.<\/p>\n\n\n\n You are lucky to be an introvert. Your personality works to your great advantage when dealing with some personal finance matters.<\/p>\n\n\n\n These positive money skills come naturally to you. It is as if they are hardwired into your personality itself. Let us take a look at these introvert personality advantages.<\/p>\n\n\n\n You love to think, don\u2019t you? Introverts can spend long periods of time thinking and observing. Whether you are in the supermarket or at a bank \u2013 You are unlikely to easily fall for what is being sold to you as a consumer.<\/p>\n\n\n\n You like to think and analyse before taking any decision. You normally don\u2019t do things in the spur of the moment. You have a plan and you stick to it.<\/p>\n\n\n\n Introvert Advantage<\/strong> \u2013 Not Being Impulsive<\/p>\n You are unlikely to make impulsive money decisions that you later regret. Your personality gives you this unique advantage and acts as your natural safeguard.<\/p><\/p>\n\n\n\n The world is full of people who make a living by selling you things that you might later regret buying. They hope that you act impulsively when making a buying decision.<\/p>\n\n\n\n However, a salesman will have a much tougher time trying to sell you an unsuitable product. After all you don\u2019t act on impulse.<\/p>\n\n\n\n Just like most introverts, you are probably a good listener. You are likely to spend much more time listening rather than talking in any situation. You are like a sponge – absorbing all the information and facts in every situation.<\/p>\n\n\n\n Introvert Advantage <\/strong>\u2013 Listening and reading about financial advice.<\/p>\n\n\n\n There is tons of valuable (and mostly free) information available on the internet about saving, investing and doing sensible things with your money.<\/p>\n\n\n\n All it takes is for someone to have the patience and willingness to read through it. Your personality will allow you to spend time researching for the right thing to do.<\/p>\n\n\n\n It also means you are much more likely to make the right decision when facing financial choice.<\/p>\n\n\n\n You love spending time to come up with a clear plan before starting a new project. Introverts can work long hours on their own to work out a plan without losing patience.<\/p>\n\n\n\n You are not someone who jumps into action without having a clear road-map of what you are doing.<\/p>\n\n\n\n Introvert Advantage <\/strong>\u2013 Taking time to develop your personal financial plan.<\/p>\n\n\n\n The financial plan forms the basis of any major financial decisions that you need to make. It allows you to set your financial goals that you want to work towards.<\/p>\n\n\n\n As an introvert you will find it easy to come up with this simple step by step financial plan<\/a> that suits you. It would work as the basis for the big financial choices that you need to make.<\/p>\n\n\n\n These are just some of the many advantages that naturally come from your introvert personality.<\/p>\n\n\n\nIntroverts and Money \u2013 Advantages and Challenges<\/strong><\/span><\/h2>\n\n\n\n
The Introvert Money Advantage<\/u><\/strong><\/span><\/h2>\n\n\n\n
Introvert Personality Trait \u2013 Thinking and Analysing<\/u><\/strong><\/span><\/h4>\n\n\n\n
Introvert Personality Trait \u2013 Listener<\/u><\/strong><\/span><\/h4>\n\n\n\n
Introvert Personality Trait \u2013 Independent Planner<\/u><\/strong><\/span><\/h4>\n\n\n\n