Matching your budgeting style to your personality: SPEND-TEMBER
Update: 2024-09-27
Description
Does your budget actually align with who you are? If you value freedom, autonomy and doing things your own way, shouldn't your budget reflect that too? Likewise, if you love structure, rules and boundaries, you can manage your money with this in mind, too. In this episode I talk through ways to understand your own personality, psychological profile and motivational style and how to apply that to your finances, in the context of 5 popular budgeting styles:
- Zero-based budget
- Reverse budget
- 50/30/20 budget
- Kakeibo
- Cash envelope budgeting
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