Tips for managing spending based on your money personality:

Become more goal-oriented: Focus on long-term objectives, such as saving for retirement or paying off debt.

Practice the pain of paying: This strategy helps individuals recognise the psychological impact of spending money, making it easier to resist temptation.

Visualisation: Visualising the rewards of saving rather than spending can help reinforce prudent financial decisions.

Diversify your investments: This will reduce financial anxiety and improve decision-making, especially during times of uncertainty.

Stress inoculation: Learn how to cope with financial stress to avoid making impulsive decisions.

Communicate about finances: If you share financial responsibilities with family, having open discussions about money expectations can prevent conflict and miscommunication.