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These 13 personality traits can lead to financial success

The 13 personality traits that can lead to financial success are not always easy to spot, but they’re worth looking out for. They might also be the key to making your relationship with money work better.

The money personality is a term that refers to the different ways people view money and how they use it. There are 13 different traits that can lead to financial success.

“The collection of traits or attributes that constitute an individual’s unique character” is how personality is defined.


Indeed, your personality characteristics will almost certainly have a major effect on the outcomes of your life, either assisting or limiting your capacity to achieve success in different areas.

Money and personal finance are two areas heavily influenced by personality qualities, and you may discover that certain of your personality traits are more desired than others.

 I’m one of the fortunate people that has many personality characteristics that are favorable to sound financial management. This implies that my personality is built in such a way that it makes it simpler for me to make sound financial choices.

This isn’t to say it’ll be impossible for you to be excellent with money if you don’t have all of the characteristics I’m going to describe; it simply means it’ll be more difficult if you don’t have at least some of them.

Even if you don’t recognize yourself in these characteristics, there is hope at the end of the tunnel (so keep reading!).

Here are 13 personality characteristics that help you succeed financially. is the source of this image.

1. You’re a savvier person.

These 13 personality traits can lead to financial success

This one is fairly self-evident, but whether you’re a saver or a spender is a personality characteristic that is particularly favorable to effective money management.

Being a saver or a spender is a mix of natural-born inclinations and contextual influences, as are all of the characteristics we’ll be examining.

I’m a saver, and despite growing up in a family of spenders (environment), I’ve always had a strong desire to save. My grandparents, who are savers, have had a big impact on me.

Savers, as the term implies, like to save money. Savers also exist on a spectrum, ranging from those who avoid spending money at all costs to those who save in general but won’t hesitate to spend on items they consider important.

I’m somewhere in the center of the spectrum, where I spend money on things I consider to be important and economical, but I also try to save money wherever I can and avoid needless spending.

In general, savers are excellent money managers. They don’t waste money, seek for excellent value for the money they do spend, and make sure they have at least a rainy-day fund on hand in case they need it.

Being a saver is a personality characteristic that will assist you in achieving financial success.

OJO Images is the source of this image.

2. You don’t mind waiting for your reward.

These 13 personality traits can lead to financial success

The capacity to postpone pleasure is another personality characteristic that correlates to financial success.

The ability to resist the temptation of an immediate reward in order to wait for a later, typically greater, benefit is known as delayed gratification.

Let’s suppose you’re saving for a vehicle and would like to pay cash. You start saving since the vehicle costs $10,000 and you only have $5,000 right now. However, temptations abound on a daily basis, such as dining out, buying coffee, or going to the movies. Will you be able to keep to your budget in order to save money for the vehicle (delayed gratification), or will you succumb to temptation (immediate gratification)?

It’s simple to understand how the capacity to postpone pleasure may lead to financial success.

Those who can postpone gratification are better able to withstand immediate pleasures and temptations while working toward a bigger and more worthwhile objective. They can see the broad picture and resist succumbing to the vagaries of their emotions on a daily basis.

courtesy of dolgachov / istockphoto.

3. You’re a methodical thinker…

These 13 personality traits can lead to financial success

Do you consider all of your choices and the probable repercussions before taking action? If you answered yes, you have the personality characteristic of calculation.

When it comes to money, most people think of the antonym of this trait: impulsive.

Impulsive people act on their emotions in the time without fully considering the implications, and as a result, they often make choices that they subsequently regret.

Calculated people, on the other hand, make choices knowing precisely what they’re getting into. Whether the conduct is good or harmful, the calculating thinker has given it careful consideration.

Calculated thinkers evaluate the consequences of various activities and whether or not they will bring them closer or farther away from their objective in the world of money. If they do decide to spend money, it is because they have weighed the benefits and drawbacks and determined that it is worthwhile.

Calculated thinkers have a better time sticking to a budget, getting excellent value for their money, and achieving their financial objectives. is the source of this image.

4….as well as a risk taker

These 13 personality traits can lead to financial success

The calculated risk-taker is an extension of the calculated thinker.

Most financial experts will warn you that creating money entails a certain degree of risk. While there are secure ways to save money (savings accounts, CDs, etc. ), the key to really make your money work for you is to put it to work.

Investing in the stock market, real estate, or another business is the most efficient method to put your money to work. All of these choices are risky, so do your research and understand what you’re getting into before parting with your hard-earned cash.

A measured risk-taker is more likely to succeed with money in this situation. They’ve done their research and are confident with the amount of danger they’re taking. They’re also more than likely in business for the long haul, rather than simply to make a fast cash.

Fortunately, information on a wide range of investment possibilities is readily accessible, making it simple to educate yourself and take the sorts of measured risks that lead to financial success.

gopixa / istockphoto / gopixa / istockphoto / gopixa / istockphoto /

5. You have a strong desire to succeed.

These 13 personality traits can lead to financial success

Being highly motivated is another personality characteristic that makes it simpler to achieve financial success.

Individuals that are extremely driven, also known as highly motivated, have a strong desire to succeed and are seldom content with their achievements. They want more, they want to be better, and they will go to any length to achieve their objectives.

In reality, being extremely motivated is typically what distinguishes individuals who succeed from those who excel.

To save more money, pay off debt, or achieve some other objective, a highly motivated person may work several jobs. They may up earlier, devote their free time to achieving their objectives, and work more diligently than their peers.

Individuals that are highly motivated go above and beyond the norm, increasing their chances of financial success.

lzf / istockphoto / lzf / istockphoto / lzf / istockphoto /

6. You’re a responsible person.

These 13 personality traits can lead to financial success

Are you a person who is thorough, cautious, disciplined, and trustworthy? If that’s the case, you’re probably a highly conscientious individual.

One of the Big 5 Personality Traits is conscientiousness, which ranges from very conscientious to not conscientious.

High-conscientious people are well-prepared, dependable, and well-organized. They are detail-oriented and get things done.

In terms of money, a financially responsible person will set objectives and make strategies to attain them. They’ll also have a clear understanding of where their money is going and will be able to adhere to their budgets and goals.

Another personality characteristic that correlates to financial success is being very diligent. is the source of this image.

7. You’re focused on the future.

These 13 personality traits can lead to financial success

Being future oriented is another complimentary personality characteristic that makes it simpler to succeed with money.

Future orientation is the degree to which a person thinks about and prepares for the future. It is linked to being calculated and diligent.

Future-oriented people are capable of looking forward and planning for their future, both near and distant. They think about how their activities will affect them in the next days, weeks, months, and years.

As a result, a future-oriented person may see 30 years ahead and see how their current financial decisions will affect their future self. They make plans for debt repayment, financial objectives, and retirement savings.

They make financial choices while considering the future and the effect in years to come.

Sasiistock is the source of this image.

8. You’re humble.

These 13 personality traits can lead to financial success

This one may not be as apparent on the surface, but it has had a big financial effect on my life.

Modesty is often associated with modest dress and downplaying one’s accomplishments, but it is more broadly defined as a style of thinking and behaving that does not attempt to attract attention to oneself.

In other words, modest individuals prefer to keep their things hidden rather than flaunt them in front of others. They may dress in thrift shop clothing, drive an older vehicle, and purchase used goods.

They aren’t the kind to brag about their things on social media and seek attention from others. In reality, most modest individuals are unconcerned with what others think of their things.

With this context in mind, it’s easy to understand how being modest may help you manage your money effectively.

It’s simpler to save money on the things you buy and get the most use out of them if your aim isn’t to attract attention to oneself, since it doesn’t matter whether they’re new and shiny.

Your objective with humility is value rather than attention or prestige, which allows you to save money on most purchases.

SIphotography / istockphoto is the source of this image.

9. You aren’t a materialistic person.

These 13 personality traits can lead to financial success

Non-materialistic people find it simpler to achieve financial success as a result of their humility.

Materialistic people place a high value on things and are obsessed with amassing them. The better these people feel, the newer and better their things are. Their self-worth is often linked to the kinds and quantity of possessions they have, such as a high-end vehicle, a big home, and fashionable clothing.

Non-materialistic individuals, on the other hand, value experiences above stuff. It will most likely be a trip, a night out with friends, or a once-in-a-lifetime event if they want to spend.

Non-materialistic individuals have things, but they are less interested with having the latest and greatest, and they may limit their possessions to just those that are necessary for their survival. Their things serve a function other than to make them seem nice, and their self-worth isn’t determined by them.

Non-materialistic individuals spend much less money on things and retain what they do have for as long as it serves its function. Non-materialists spend less money on their belongings and replace them less often as a result of this characteristic.

Prostock-Studio / istockphoto is the source of this image.

You are tenacious.

These 13 personality traits can lead to financial success

When confronted with difficulty, do you readily give up or do you persevere until your objectives are met?

Perseverance is the capacity to stick with something even when it is tough or takes a long time to succeed. To put it another way, people that are persistent keep working toward their objectives despite failures.

When it comes to effectively managing your money, perseverance is a very useful characteristic to have.

Persistent people will keep working toward their objectives even if they hit snags along the road. They’ll keep trying to adhere to their budget despite setbacks, they’ll work to pay off debts regardless of how long it takes or how much money they owe, and they’ll stay the course even if the market falls.

Persistent individuals don’t give up easy and will keep trying different approaches until they achieve their objectives.

helivideo / istockphoto / helivideo / istockphoto / helivideo / istockphoto /

11. You’re a change averse person.

These 13 personality traits can lead to financial success

Depending on the situation, this personality characteristic may either assist or harm you, but I’ve discovered that it helps more than it hurts when it comes to personal money.

I’m a creature of habit who resists change in general. This isn’t to say that I’m unwilling to learn, develop, and adapt as needed; it just means that if something is working for me, I’m unlikely to alter it.

This quality has mainly come in useful when it comes to the things I own. Because I’m naturally averse to change, I’m hesitant to purchase new things when the old ones function perfectly fine. If the thing is still functional, I don’t see why I should purchase another.

Because of my inherent aversion to change, it will take a lot of effort to overcome inertia and persuade me to try something new. That is, until I notice that anything is no longer working. In that case, I’m aware that a change is in my best interests, and I’ll go ahead and do it.

As a result, resisting change may help you save a lot of money and succeed with your personal finances. Just make sure your resistance is limited to the things that are still working for you, and that you are willing to alter the ones that aren’t.

SIphotography / istockphoto is the source of this image.

12. You have the upper hand.

These 13 personality traits can lead to financial success

A person’s views regarding locus of control have a major impact on their life results, particularly their financial success.

Your belief system about the origins of events and experiences, as well as the variables that determine whether you succeed or fail, is referred to as your locus of control.

To put it another way, do you believe outside forces or yourself have greater influence over your life?

Those who have an internal locus of control credit their successes and failures to their own efforts. They give themselves credit if they achieve. If they fail, they hold themselves responsible and seek for methods to improve.

Those who have an internal locus of control think that their life’ results are a direct consequence of their efforts, and that if they put in more effort, they would ultimately succeed.

Those with an external locus of control, on the other hand, ascribe their triumphs and failures to chance, destiny, or other external causes. In essence, the majority of life’s results are determined by forces outside human control.

They may place responsibility on the terrible employer rather than on their own inadequacies for not getting a promotion. They may credit a high exam result to the test’s ease rather than their expertise.

With the descriptions above, it’s simple to understand how an internal locus of control mentality may lead to financial success.

Those who have an internal locus of control think that their financial position, and whether it improves or not, is entirely in their hands. Those with an external locus of control, on the other hand, feel that their financial position is dictated by forces outside their control.

Those who have an internal locus of control feel they have the ability to alter their circumstances and are therefore more inclined to do so.

evgenyatamanenko / istockphoto / evgenyatamanenko / istockphoto / evgenyatamanenko /

You have a development mentality, which is number thirteen.

These 13 personality traits can lead to financial success

Mindset is related to locus of control in that it is based on the idea that things can be altered rather than who or what has the ability to change them.

Carol Dweck, a Stanford University professor of psychology, created the phrases “growth mindset” and “fixed mentality” after examining thousands of children and their attitudes toward failure.

Individuals’ fundamental beliefs about intellect and learning are referred to as growth and fixed mindsets.

Fixed mentality people think that you are born with certain inherent abilities and intellect that will not change no matter what you do. Those with a growth mindset, on the other hand, think that, even if you have inherent skills, you can improve at anything with enough practice and effort.

Growth mindset believers, like those who believe in internal locus of control, are more likely to succeed financially because they think they can improve with experience and effort.

Those with a growth mindset think that if they put in the effort, they can always learn new abilities and improve existing ones, even if they aren’t naturally excellent with money or have minimal financial knowledge.

Overall, the idea is that if you put in enough work, you can improve, rather than that you either have it or you don’t.

fizkes / istockphoto / fizkes / istockphoto / fizkes / istockphoto /

What if you lack these characteristics?

These 13 personality traits can lead to financial success

Where do you sit on the spectrum of the 13 personality characteristics mentioned above that contribute to financial success?

I consider myself very lucky to have these characteristics for the general richness of my life, particularly in terms of how they assist me in making wise financial choices. If you’re like me and already have most of these characteristics, you’re probably in excellent shape.

But what if you don’t recognize yourself in these characteristics? Are your inherent inclinations dooming you to financial suffering (external locus of control) with no way to change (fixed mindset)?

I urged people to go all the way to the end because there was a light at the end of the tunnel, and there still is.

I concluded the conversation with the phrase “growth mindset” for a reason: it’s not simply a psychological gimmick that motivates you to keep trying; it’s scientific truth.

Regardless of inherent skill or limitations, you CAN improve in any field with continuous practice and effort.

Even for adults whose brains are mostly done developing, research over the past decade has revealed that the brain is far more flexible than previously believed.

Neuroplasticity, or the capacity of the brain to remodel itself by creating new neural connections, is the key.

New brain connections are created when you practice a new ability. The more you practice that skill, the more connections develop and the stronger that route gets until you have mastered it.

Neuroplasticity also has the ability to eliminate abilities or behaviors that we no longer utilize. Changing bad habits, on the other hand, usually only works if you replace them with something else.

Let’s suppose you wish to become a more frugal saver rather than a spender. You practice saving until it becomes second nature to you and your desire to spend diminishes. You’re creating and strengthening a new brain route while eradicating an old one.

Consider it a hiking path through the woods. It’s simple to travel down the path you usually follow since it’s well-worn. Let’s suppose you want to make a new trail through the woods. The path will be difficult at beginning. It will be overgrown, making walking difficult. However, the longer you go down that road, the simpler it gets, until it looks just like the original. Meanwhile, the old route has gotten overgrown due to lack of usage, making it less likely that you will return there.

The same is true of brain circuits. The more you use a certain route, the more powerful it gets. To replace a habit or behavior, you must make a sustained effort to create a new route while staying away from the old, well-worn one.

So, to cut a long tale short, you can alter your inherent personality characteristics, even those that contribute to financial success, with continuous desire and work. is the source of this image.

Last but not least

These 13 personality traits can lead to financial success

Our personalities are made up of a variety of features and characteristics that are unique to each of us.

Certain of our habits and qualities are a consequence of the environment we grew up in, despite the fact that we are born with some inherent features.

Some characteristics are more desirable than others, and they may lead to greater success in different areas of our life.

Money is no exception, and we’ve discovered 13 personality characteristics that contribute to financial success in this article.

Thankfully, recent brain research has shown that neuroplasticity is more than a theory; it’s a reality. Regardless of your starting position or inherent abilities, the more practice and effort you put into a skill, the better you will become at it.

Because of neuroplasticity, no matter where you are on the spectrum of these characteristics, if you work hard enough, you WILL be able to acquire them. And there’s always space for development, even if you’re already excellent at some of these things.

You can improve your financial situation no matter where you are now. The trick is to put in the effort to acquire new abilities and then practice them until they become second nature.

There’s no reason not to be more frugal with your money. All you have to do now is take action.

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This story was syndicated by and first published on is the source of this image.


The qualities regarding handling money are some of the qualities that can lead to financial success.

Frequently Asked Questions

What personality traits are good for finance?

Financial intelligence is an important trait for finance, as it allows someone to make informed decisions about their money. It also helps people understand the financial markets and how to invest in them.

What personality traits lead to success?

The traits that lead to success are the ability to work hard, be creative, and have a positive outlook.

What personality traits are important for professional success?


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