4 Main Money Philosophies: Which One Matters To You?

Money Vigilance

Source: Drazen_ / Getty

The money-vigilant individual constantly worries about money. Unlike the money-avoidant, they very much believe that money matters – and that causes them to regularly worry about it. This can result in being extremely frugal and overly discussing the cost of things. You can think of the money-vigilant individual as someone who is always preparing for a rainy day, even if there are none in sight and they have enough saved for plenty.

Being cognizant of spending is a good thing but being money vigilant can rob a person from ever really enjoying their money – even when they can afford to spend some.

Everyone exhibits one of these philosophies to some degree. For some people it’s pronounced and for others, it’s subtle. Knowing which money philosophy you hold could help you take more control over your financial future and be more conscious of your money habits.

RELATED CONTENT: Money Matters: Green And Red Flags People Think About When Dating