The Therapy of Your Finances
Article 26
Internal Pessimistic Frugal
Guided by personal principles and caution, IPF individuals prioritize long-term financial stability. They avoid impulsive spending and risky investments, focusing instead on securing a financially stable future.
Internal Pessimistic Impulsive
IPI individuals rely on their own judgment yet often make impulsive financial decisions due to their pessimistic outlook and anxiety. This behavior leads to immediate gratification but frequently results in financial regret and stress
Internal Optimistic Impulsive:
IOI individuals are intrinsically motivated and embrace financial risks with optimism, often seeking immediate rewards. They tend to make substantial investments or expenditures based on intuition rather than meticulous planning or external validation.
External Pessimistic Frugal:
EPF individuals' financial decisions are heavily influenced by external factors like market trends and societal expectations, heightening their financial anxieties. They adopt a frugal approach, focusing on safe investments and cautious spending to mitigate risks.
External Pessimistic Impulsive:
EPI individuals are highly influenced by external factors, often feeling anxious due to their pessimistic view of finances. They tend to make impulsive decisions driven by social pressure or trending opportunities, rather than careful planning.
Internal Optimistic Frugal:
IOF individuals maintain an optimistic outlook on financial prospects and take calculated risks when necessary. Despite their optimism, they manage their finances frugally, focusing on long-term stability and steady growth through methodical saving and conservative investments.
External Optimistic Impulsive:
EOI individuals are highly optimistic and influenced by external factors like current trends and advice from others. They tend to make impulsive financial decisions, including unplanned expenditures and riskier investments without thorough planning.
External Optimistic Frugal:
EOF individuals have a positive outlook and are influenced by external circumstances like market dynamics and peer opinions. Despite their optimism, they adopt a frugal approach in daily financial activities, focusing on regular savings and low-risk investments.
