APT - years of learning and development
Wednesday, May 13, 2009
Monday, June 9, 2008
Does our Personality have any impact on how we spend our money?
Each month I send out an e-newletter and post a Q & A section. Many of the trainers email me questions and I do my best to find the answers.
Here's a great question.
Question:
"Do you have anything specifically on how personalities determine your spending habits?"
Answer:
Here are some "generalities." I hate being this general, but there isn't much in the way of hard cold research on this subject. Keep in mind teen spending is different than adult spending.
Playful Sanguine - IMPULSE spender, see it - buy it. On a whole they are not good at keeping track of checkbook balances, or debts owed. This doesn't mean they can't do it, they just don't like doing it. It is always a surprise to Playfuls when they find themselves over drawn at the bank or run out of cash. They have no idea how that happened, because they were trying to be so “careful this time!”They love to buy things for other people, sometimes the other people even like what they buy. =0) They are good with color, so home decorating and clothing are big expenditures for them - fun too. They will even help you spend your money! Many Playfuls do some kind of shopping everyday, be it groceries, clothing, household goods or gifts. It is not uncommon for Playfuls to find money stuffed away in the pockets of seasonal clothing. They should always check the pockets of any piece of clothing before
Powerful Choleric - CHEAP and proud of it! If you complement them on something (it doesn't matter what) they will tell you what they paid for it, because they NEVER pay retail. It's all about the bargain! They will almost always, tell you how to spend your money, because they know best! "Best" being how they did it. They can part with large amounts of cash without loosing sleep over it. They normally have a plan and follow it. They may be tempted to impulse shop, but usually change their mind before committing to the purchase if it doesn't line up with their plan. If they do run across an impulse "deal" that they can't pass up, they will justify it by informing everyone that it was a "need" not a "want." Typically, Powerfuls don't purchase art work, unless it's an investment. They do spend plenty of money and time on sports and sport related activities.
Peaceful Phlegmatic - COMFORT is where Peacefuls tend to spend their money, be it food (cooking or eating out), or furniture. They are not shoppers by nature - that would require expending energy and making decisions - both of these issues are not their strong point. Change is also something they don't care much for, so getting new things to replace the old is not a top priority for them. Chances are they have many "creature comforts" and gadgets. If it doesn't come with a remote control, they probably won't buy it. Many Peaceful are some what on the techie side, so computers and game systems are the purchase of choice, which goes well with their over stuffed lounge chair. =0) Price is not always a priority - if it's easier to pay full price, so be it. They also tend to be last minute shoppers, which means they haven't put a lot of "think" time into the purchase.
Proper Melancholic - QUALITY is the focus for almost all their decisions, which extends to money expenditures. Brand names are important, because they feel band name products are better quality. Also, peer pressure plays a huge part in what Propers purchase, they don't want to be out of step with the latest styles. They will pay full price for items, because "On Sale" might lend itself to the thought, "If it's on sale that must mean no one liked it, so why would I want it." Propers are not impulse spenders - they research and plan their expenditures. Even if they find something that catches their eye, they will wait and think about it before purchasing it. Because Propers are very private, they don't want everyone's opinions about that they plan to do, seeing they are good at doing research they might not trust the opinions of others. It is not uncommon for Propers to purchase things, even large ticket items like a car or furniture and not tell anyone about it for a long time or until you notice. ================================
If you have any questions or insights to these or other questions,
Please email them to info@personalityprinciples.com
Here's a great question.
Question:
"Do you have anything specifically on how personalities determine your spending habits?"
Answer:
Here are some "generalities." I hate being this general, but there isn't much in the way of hard cold research on this subject. Keep in mind teen spending is different than adult spending.
Playful Sanguine - IMPULSE spender, see it - buy it. On a whole they are not good at keeping track of checkbook balances, or debts owed. This doesn't mean they can't do it, they just don't like doing it. It is always a surprise to Playfuls when they find themselves over drawn at the bank or run out of cash. They have no idea how that happened, because they were trying to be so “careful this time!”They love to buy things for other people, sometimes the other people even like what they buy. =0) They are good with color, so home decorating and clothing are big expenditures for them - fun too. They will even help you spend your money! Many Playfuls do some kind of shopping everyday, be it groceries, clothing, household goods or gifts. It is not uncommon for Playfuls to find money stuffed away in the pockets of seasonal clothing. They should always check the pockets of any piece of clothing before
Powerful Choleric - CHEAP and proud of it! If you complement them on something (it doesn't matter what) they will tell you what they paid for it, because they NEVER pay retail. It's all about the bargain! They will almost always, tell you how to spend your money, because they know best! "Best" being how they did it. They can part with large amounts of cash without loosing sleep over it. They normally have a plan and follow it. They may be tempted to impulse shop, but usually change their mind before committing to the purchase if it doesn't line up with their plan. If they do run across an impulse "deal" that they can't pass up, they will justify it by informing everyone that it was a "need" not a "want." Typically, Powerfuls don't purchase art work, unless it's an investment. They do spend plenty of money and time on sports and sport related activities.
Peaceful Phlegmatic - COMFORT is where Peacefuls tend to spend their money, be it food (cooking or eating out), or furniture. They are not shoppers by nature - that would require expending energy and making decisions - both of these issues are not their strong point. Change is also something they don't care much for, so getting new things to replace the old is not a top priority for them. Chances are they have many "creature comforts" and gadgets. If it doesn't come with a remote control, they probably won't buy it. Many Peaceful are some what on the techie side, so computers and game systems are the purchase of choice, which goes well with their over stuffed lounge chair. =0) Price is not always a priority - if it's easier to pay full price, so be it. They also tend to be last minute shoppers, which means they haven't put a lot of "think" time into the purchase.
Proper Melancholic - QUALITY is the focus for almost all their decisions, which extends to money expenditures. Brand names are important, because they feel band name products are better quality. Also, peer pressure plays a huge part in what Propers purchase, they don't want to be out of step with the latest styles. They will pay full price for items, because "On Sale" might lend itself to the thought, "If it's on sale that must mean no one liked it, so why would I want it." Propers are not impulse spenders - they research and plan their expenditures. Even if they find something that catches their eye, they will wait and think about it before purchasing it. Because Propers are very private, they don't want everyone's opinions about that they plan to do, seeing they are good at doing research they might not trust the opinions of others. It is not uncommon for Propers to purchase things, even large ticket items like a car or furniture and not tell anyone about it for a long time or until you notice. ================================
If you have any questions or insights to these or other questions,
Please email them to info@personalityprinciples.com
Monday, November 5, 2007
Personality Information - Principle #1
I'm sure almost everyone has taken a personality temperament profile these days - DiSC, MBTI, Enneagram, The Personalities, or others, the list is long! But, does that information, or "label" really help us live better lives? Do we understand ourselves any better? Do we understand others any better? The sad answer to that is - NO. It's not until we apply this information, that we start seeing the benefit of doing those painful self discovery tests. Over the past ten years of administering these profiles, I have watched people squirm and complain when having to answer the behavior revealing questions. It is painful to be honest about our strengths and weakness. We can't change a behavior until we see it, and if nothing changes - NOTHING changes!
Over time I will be listing the steps or principles that will help make the process of applying this information more powerful and rewarding.
Enjoy!
Kathryn
Kathryn
Personality Principle # 1
You Are Here - Finding your bearings.
Completing the Personality Profile may seem like taking a test, but it's a tool that will help you find a starting point. Think of it like going to the shopping mall.
First, you need to decide to go to the mall (in need of something: information, guidance, hope). Park and walk in (do the profile). Now if you don't know exactly where you are, you might wander round in circles. A helpful thing to do is look for the directory board and find the "You Are Here" sticker (add up your totals).
Once you figure out where "You Are Here" is, you now can make a Personality Plan for getting from where you are to where you want to be. You may find you're on the wrong end of the mall (living in weaknesses), which means it will take a little more time to get where you want to go (living in strengths).
The journey may be long or short, but at least you're not aimlessly walking in circles any more. What you want to become is an individual who is living in his or her strengths, instead of being trapped in weaknesses.
In the journey of discovering your identity, you can use the tools of understanding personality traits to overcome natural tendencies and find freedom to live in your strengths.
Yes, "You Are Here." But, here is not where you will want to stay. Apply the Personality Principles and enjoy living in your strengths!
If you have not done a profile and need to obtain a copy, please visit the on-line store at the website. http://www.personalityprinciples.com/ or email personalityinfo@sbcglobal.net or call 314-616-8101.
Hard Copy Profiles are:1 - 50 @ $2.00 each plus S/H
51 - 100 @ $1.50 each plus S/H
For discount rates of orders over 100 copies, please call 314-616-8101.
These are excellent for use in business, schools, counseling, churches, or just for individual use.
We live in the day and age of "hackers," no I'm not talking about people who smoke, I'm talking about the people who break into our sites or information and put that information on their own sites. Well, a nice young man did that with our profile, so if you would like to take the profile - free of charge (his nickle) here's the web address with our profile on it. He states on his site that he hacked this profile for others to enjoy - feel free to enjoy his hard work.
This profile was developed by Fred and Florence Littauer for the book Personality Plus, and Wired That Way. You can find these and many other books about personalities on my website.
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