Financial Discipline

Your financial personality is the result of the balance between two independent factors: your ability to control your spending (the brakes) and your psychological motivations that urge you to spend (the engine). This metric analyzes each one separately:

• Financial Discipline:These are the "brakes" of your financial personality. It measures your ability for self-control, resisting impulsive buying, and adhering to budgets to achieve your long-term goals.

• Spending Motivation:This is the "engine" of your financial personality. It reveals the deep psychological reasons that motivate you to spend, which are divided into three main types:

  • Thrill:Spending driven by the need for new experiences and adventures, like booking a spontaneous trip.
  • Status:Spending aimed at signaling success and social standing, like buying luxury brand clothing.
  • Materialism:Spending built on the belief that possessions bring happiness and satisfaction, like constantly redecorating your home.

Important Note: It's possible to have a "powerful engine" (high spending motivation) and "powerful brakes" (high financial discipline) at the same time. This combination often characterizes the ambitious, disciplined personality who plans diligently to achieve their big desires without getting into financial trouble.