Are you among the 9% of Americans whose money personality is The Spark?
As The Spark, you’re passionate, expressive and intense. When it comes to goals, you don’t like to settle for second best and can be anxious or lose your temper when things go wrong.
When you’re anxious about something, everyone around you knows about it. You tend to worry about how your choices will affect every aspect of your life, which can be stressful, but this also helps you make less risky choices.
You bring up-and-down emotions to your financial decisions and tend to impulsively buy things because you think they may relieve your stress. And your creativity helps you solve your financial issues.
When it comes to The Spark’s financial habits:
- You tend to make impulse purchases and sometimes even binge shop.
- You can allow your emotions to influence your spending behavior.
- You don’t always stay on top of your finances and bank accounts.
- You listen to positive criticism about your spending patterns.
- You consider yourself to be good at shopping because you find great deals.
Payoff’s recommendations for The Spark:
- Try seeking others’ opinions and ideas to expand your financial knowledge.
- Consider a financial planner or friend to help you manage your finances.
- Create an account solely for impulse buys and an emergency fund to reduce stress from sudden expenses.
- Keep the big picture of improving your long-term credit in mind when making decisions.
- If you miss a monthly goal, don’t let disappointment derail you.
The Science
All 10 money personalities, including The Spark, and Joy, were identified and developed by Payoff’s Science Team, led by Chief Science Officer Dr. Galen Buckwalter. (By the way, Dr. Buckwalter is the very same scientist behind eHarmony’s successful match algorithm.)
Each money personality was identified using the Big 5 and findings in behavioral psychology, neuroscience and other areas of science. As a result, the quiz uses real science to pinpoint the secrets behind your spending, saving and money management.
The Why
Dr. Buckwalter, along with Payoff’s founder and CEO, Scott Saunders, have designed Payoff to be a financial wellness company that applies science, psychology and technology to help our Members reinvent their relationship with money and accelerate their journey to financial wellness. We focus on the intersection of personality and financial behavior, developing products and services that help our Members achieve their goals.
Want to know your friend’s money personality too? See if they want to give Joy a try! Then discover how your money personalities compare to each other.
