Consumption MBTI What type of person will become rich? Take the 4 personality tests right now
What is my consumption MBTI? 4 propensity tests
We have prepared a very interesting topic for you. This is Consumption MBTI. I developed it to find out my own spending, saving, and investment tendencies related to money.
Money Bias and Tendency Indicator, an indicator of bias and tendency regarding money. Finding out what your consumption MBTI is will be of great help in saving, investing, and money management.
There are a total of 16 types of consumption MBTI. Let's analyze your propensity based on four things: money management propensity, consumption consistency, consumption pattern, and leisure pattern.
First, before starting the test, please check what your average monthly income is. Average monthly income refers to the amount of all your bonuses or bonuses added up and divided by the monthly average.
E or G money management tendency
Let's start with the first letter of MBTI, a basic question to find out your tendency to manage money.
1) How often do you check your bank account balance and spending history? I check it every day.
2) Sometimes I feel anxious and worried that I might have to spend a lot of money. I do that sometimes.
3) Do you pay close attention to sales, discount rates, discount cards, point accumulation, free gifts, etc.? I don't spend much money, perhaps because the amount I spend is absolutely not that much. You need to keep adding up these points.
4) Do you tend to wait until the sale period before purchasing something? I do that too sometimes. I'm not the type of person who cares too much.
5) Have you ever made an impulse purchase and regretted it? I'm not good at impulse buying.
6) Do you record and organize your income and savings? I think I just organize it once or twice a week.
7) Have you ever worried about the future of struggling with money problems? I think I only do it occasionally.
How many points did you get? E stands for economical. You are a managerial and saving type with a tendency to try to manage your money meticulously.
G stands for generals, generous, generous, laissez-faire, a bit like this, so it's just a bit on the free side. Even if it is not to the point of neglect, it can be seen as a style that does not care too much about money.
The funny thing is, people who are wealthy, celebrities, sports stars, CEOs, etc. tend to have a bit of a G tendency.
R or I consumption consistency
Let's move on to the next type. This time we are looking at your consumption consistency.
1) Are your monthly living expenses constant each month? I think it varies by about 10% to 20%.
2) How much of your average monthly income are event funds? Funds for events include things like parents' birthdays, anniversaries with a lover, friends' birthdays, etc.
3) How much of your average monthly income do holiday expenses account for? Holiday expenses are expenses for Lunar New Year, Chuseok, and other holidays.
4) How much do travel expenses account for in your average monthly income? How much do you spend on travel per year? Calculate how much your annual travel costs are on average per month, including flights, accommodations, transportation, dining out, and shopping.
5) How much impulsive spending do you do? I rarely do things with money.
6) How much of your average monthly income do you spend on winter clothing? This cost is mainly used from December to February. I think it's less than 10%.
7) Have you ever used a negative account or long-term installment plan due to irregular spending? I have very few.
Now, if you score like this, you can find out whether your spending is consistent or not.
R is a tendency for consistent consumption. I has an irregular tendency to spend. Everyone, I'm not trying to say that consistent tendencies are necessarily good.
I'm talking about tendencies, not whether it's good or bad. There are people who consistently use it a lot. Although it is irregular, there are people who use it in a good way overall.
F or S consumption pattern
The third type is an indicator of your spending patterns and where you spend a lot of money.
1) What is your Engel index based on a one-person household? The Engel index is the cost of food. This includes the cost of purchasing groceries, eating out, and delivery food, but excludes coffee, beverages, and bakery items. You can think of it as subtracting the cost of dessert.
All you have to do is check what percentage of your average monthly income these expenses are. There are important standards. Because the higher your income, the Engel index changes, you must check your income range in the questionnaire before proceeding.
2) Check how much you spend on coffee and drinks, i.e. desserts and bakeries.
3) Do you tend to visit well-known or famous restaurants? I think there are many people who spend money here.
4) How active are you in cultural life other than sports? Please consider reading, movies, performances, and watching as a standard.
5) How much money and time are you spending on cultural activities? I think I'm just in the middle.
6) How much do you spend on shopping other than daily necessities? Now, everyone, what you need to be careful about here is that you should exclude purchasing necessities such as detergent and toilet paper. I think it's less than 10%.
7) How often do you make payments for all shopping, including online and offline, including daily necessities? Now, this includes daily necessities. I think it happens about 10 to 15 times a month.
Now, if you check this score, you can see where your consumption patterns are biased.
F is for food and culture, and S is for shopping. Are you the type to spend more money on food and cultural activities, or are you the type to spend more money on buying things?
This is not a comparison of amounts, but rather a look at tendencies. It's about whether you're serious about shopping or eating. I am an F-style person who is a little more serious about food and culture than shopping.
Q or D leisure pattern
The last type is to find out your leisure lifestyle patterns related to your consumption.
1) Check which combination is closest to your leisure life. I like Bangkok and I'm the type of person who mostly stays still, only going out for walks with my dog.
2) Do you like ball games? I just like watching.
3) How often do you travel domestically and internationally? I think I go to Jeju Island about once a year.
4) Do you like regular meetings and meeting people? I only go to irregular meetings rather than regular meetings.
5) How much does transportation cost? Rather than just asking about public transportation costs, we're asking about the amount that includes both gas and transportation costs. I think it's within 5%.
Now, check your leisure lifestyle patterns and total score related to your consumption. Q is quiet, a somewhat static style. D is a dynamic style of leisure life.
ERFQ with extra money
I will reveal my consumption MBTI. Donjjunam’s MBTI is ERFQ!
A style that pays attention to spending and manages money, a style that has consistent spending, a style that prefers eating rather than buying things, and a style that spends leisure time more quietly than in a dynamic leisure life.
Each of you has one of the 16 MBTI types. Also, check what your spouse or lover’s consumption MBTI is. If you know the other person's type, there is a function that tells you what your money compatibility is.
I think it would be a good idea to check whether your consumption tendencies are a good fit or not. In the future, I will talk about how money-rich people can reduce consumption, save, and save money by using this MBTI type.
For frugality, saving, and financial investment, it is most important to know your consumption tendencies. I hope everyone will try it out at least once.