From the course: Personal Finance Tips and Tricks
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Money management styles
From the course: Personal Finance Tips and Tricks
Money management styles
- People often ask me, what's the best method for managing money? My answer, the one you'll stick with. There's no magic app or system that works for everyone. That's because managing money requires us to understand and process information about our financial lives. And different people process information in different ways, this is the key concept behind the study of learning style. If you have struggled to connect with a particular method to manage and track your finances, chances are you're not working with unique way that you retrieve Process, and Retain Information. The different styles are, visual, logical, auditory, kinesthetic, and verbal. If you're a visual learner, you process through images, pictures, and spatial understanding. Logical learners connect through reasoning. And auditory learners who are often highly musical, process what they hear. Verbal learners use words, both in speech and writing. And kinesthetic learners do best when they can move, using their hands and…
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