I’m a Micromanager

Micromanagers love planning, planning, and then planning some more! Their budget is usually designed to avoid surprises and in preparation for any foreseeable contingency. Micromanagers can become very uncomfortable if an unforeseen expense arises. They often can tell you how much they have in the bank to the penny and how much they spent this month on groceries, taxes, etc.

Micromanagers are often comfortable with spending money on luxury items, as long as they are planned for and built into their budget.

Micromanagers are rarely susceptible to investment schemes. However they may sometimes miss out on good opportunities as they repeatedly explore the pluses and minuses of an investment. If a micromanager does invest, it will tend to be in more conservative ventures such as bonds or CDs.

If you don’t feel your micromanaging to be excessive or cause you or your loved ones tension, this may be a very effective style of money management for you. If you find yourself spending an excessive amount of time reviewing your budget to the detriment of other spheres of your life, you may wish to explore developing more effective coping strategies.

Mine’s “Balanced” as well! Good thing I’m kuripot and mukhang pera

took the quiz and came out with the same result as yours, Balanced personality which I agree coz i try to spend within budget and save some but at times splurge on things i think i need or take needed vacation.

I answered the quiz and I am a stockpiler. I like that term. there is no harm in saving money as long as you don’t deprive yourself of the basic goods.

Here’s my result:

Your money personality is: Stockpiler

The motto of stockpilers is “save for a rainy day”. They often have a highly detailed budget which they enjoy developing and managing. Stockpilers tend to view spending on things such as vacations and entertainment as frivolous. In more extreme forms, this can even include basic staple items such as food, electricity or clothing. The motivating factor for this type of money management is often an irrational fear of running out of money.

If a stockpiler invests, it tends to be in conservative ventures, such as bonds or CDs. If you don’t feel your conservative spending habits to be excessive or cause you or your loved ones tension, you may not need to do anything about them. After all, chances are you will have a nice nest egg for your retirement years. If you find that you are denying yourself basic living items or if your family expresses concern about your conservative spending habits, you may wish to explore alternative money management strategies.

Same result: Balanced.

i am balanced…

I’m a balanced person too Karen!! I’m relieved to hear that. Hehehehe

I’m a micromanager, which more or less is true.

Your money personality is: Micromanager

Micromanagers love planning, planning, and then planning some more! Their budget is usually designed to avoid surprises and in preparation for any foreseeable contingency. Micromanagers can become very uncomfortable if an unforeseen expense arises. They often can tell you how much they have in the bank to the penny and how much they spent this month on groceries, taxes, etc.

Micromanagers are often comfortable with spending money on luxury items, as long as they are planned for and built into their budget.

Micromanagers are rarely susceptible to investment schemes. However they may sometimes miss out on good opportunities as they repeatedly explore the pluses and minuses of an investment. If a micromanager does invest, it will tend to be in more conservative ventures such as bonds or CDs.

If you don’t feel your micromanaging to be excessive or cause you or your loved ones tension, this may be a very effective style of money management for you. If you find yourself spending an excessive amount of time reviewing your budget to the detriment of other spheres of your life, you may wish to explore developing more effective coping strategies.

Thanks for referring me to this quiz. My result is “balanced”. Although I may not feel balanced all the time when it comes to money, I don’t really stress myself out every time I think about it. I guess for me, money is just a means to spend on our basic needs plus have something left over for future savings / investments.

mine is balanced!

Can you include Facebook on the list of social networking sites that your articles can be shared in? Thanks and more power!

I’m a Micromanager

Micromanagers love planning, planning, and then planning some more! Their budget is usually designed to avoid surprises and in preparation for any foreseeable contingency. Micromanagers can become very uncomfortable if an unforeseen expense arises. They often can tell you how much they have in the bank to the penny and how much they spent this month on groceries, taxes, etc.

Micromanagers are often comfortable with spending money on luxury items, as long as they are planned for and built into their budget.

Micromanagers are rarely susceptible to investment schemes. However they may sometimes miss out on good opportunities as they repeatedly explore the pluses and minuses of an investment. If a micromanager does invest, it will tend to be in more conservative ventures such as bonds or CDs.

If you don’t feel your micromanaging to be excessive or cause you or your loved ones tension, this may be a very effective style of money management for you. If you find yourself spending an excessive amount of time reviewing your budget to the detriment of other spheres of your life, you may wish to explore developing more effective coping strategies.

Your money personality is: Balanced

People who exhibit a balanced money personality style enjoy making and managing money. They may view budgeting and investing as a game of sorts.

Money is viewed as a tool that is used to achieve ones goals.

While they often have a budget, Balanced persons do not become overly uncomfortable with the occasional unforeseen expense or in purchasing the occasional luxury item.

Balanced persons often feel that diligence, research and effort will reward them in the end.

If they invest, Balanced persons tend to have balanced portfolios and are often comfortable seeking advice from financial managers.

i’m a balanced person too. we know however how to control those questionnaire. but the truth is, i would really need some investo nowadays.

i can’t not share with you my means, but it is definitely legal. I just want to save enough money for me to buy things i like, which is not much, about P3Million will do, heheh, and to engage in activities i find interesting, like studying more IT stuff, etc etc.

i would like to treat my parents too and my sister if i just have enough money.

from time to time though, i do threat myself to some nice food i like. that’s how i reward myself.

MIne is balanced and I’m surprised. All along I think Im a money geek! Hehehe. Thanks for the money educatin I get form blogs like Moneysmarts! They never taught those things in school.

yey!

Your money personality is: Balanced

People who exhibit a balanced money personality style enjoy making and managing money. They may view budgeting and investing as a game of sorts.

Money is viewed as a tool that is used to achieve ones goals.

While they often have a budget, Balanced persons do not become overly uncomfortable with the occasional unforeseen expense or in purchasing the occasional luxury item.

Balanced persons often feel that diligence, research and effort will reward them in the end.

If they invest, Balanced persons tend to have balanced portfolios and are often comfortable seeking advice from financial managers.

So we have a healthy mix here of balanced people, micromanagers and stockpilers. I wonder what Salve’s money personality is. hehe

It’s Balanced for me. I’m quite surprised though.

I am also the balanced type.

I stumbled upon a newspaper that Aboitiz is selling its corporate bonds for 3 years and 5 years, at a higher fixed coupon rate of 8+%. This is better than Globe’s offer. you can check out the story through my blog http://mytwentyfivecents.wordpress.com/2009/04/16/aboitiz-power-to-sell-php3b-bonds-offer/

By the way, where is Salve?

Wow, this is a great quiz Salve! I took it up and it appeared that I was a “Micromanager”.

“Micromanagers love planning, planning, and then planning some more! Their budget is usually designed to avoid surprises and in preparation for any foreseeable contingency. They often can tell you how much they have in the bank to the penny and how much they spent this month on groceries, etc….”

This test is pretty accurate! This is really me.

[...] browsing Salve’s Money Smarts, I recently took up the Money Personality Test that I found. And the results are quite accurate as [...]

@PBF - Salve’s on ML. (http://blogs.inquirer.net/moneysmarts/2009/03/31/investing-during-tough-times/)

@Salve - Hope you and new baby (and whole family as well) are all doing well. Cheers.

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