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AXIS 1 — Extraversion vs Introversion
The first axis in the MBTI is the E-I pair, describing how each of us sources our energy.
Es : you tend to become energized the more you interact with people, & find social activities uplifting & refreshing
Is : you regularly need to spend time by yourself to ponder & reflect, to recharge.

$ Money traits of E-I
Es: Because of their sociable nature, Es tend to overspend on social activities, or pulling out all the stops for their annual vacation with friends. This can lead to regrettable impulse buys, with credit card debt &/or little to no savings.

Is – who rely mostly on their own judgment – can tend to take too narrow a view, so they may miss out on good financial opportunities. They could also be locked into a repeating pattern of sub-optimal purchases or investments because they simply lack a different viewpoint.

AXIS 2 — Sensing vs Intuition
The S-N (N for iNtuition) pair describes how you take in information, & how you arrive at decisions or conclusions.
S people tend to seek information that is detailed, specific & sequential.
Ns have a preference for the ‘big picture’, so they can intuit for themself what it all means.

$ Money traits of S-N
Ss often show a knack for managing detailed data, the ones who most often remembers what each person ordered at dinner, and what they owe. However, this hyper-focus on details can cause them trouble.

– Extraverted Sensers (ES) tend to have a “right-here right-now” approach to money, so they can have trouble seeing how their money decisions affect long-term plans.

– Introverted Sensers (IS) might become too invested in their own data, so they have trouble considering alternative ideas. This can prevent them from making meaningful progress towards their money goals.

Ns have no trouble coming up with future financial goals – but may not know how to get there. An S can help them work out a detailed plan.

AXIS 3 —  Thinking vs Feeling
The T-F pair describes how you evaluate the information you’ve gathered (from the 2nd axis).
Thinkers tend to think about the task at hand, & the decisions they come up with are often objective & logical.

Feelers are aware of how their decisions & actions affect the people around them. So they tend to weigh their choices against the possible consequences to others.

$ Money traits of T-F
Ts are rational, including when it comes to financial matters. While this is generally positive, they may over-analyze even small financial decisions, which could delay or sacrifice personal financial goals. Learning how to feel about things will greatly help.

Fs – because they place other’s feelings highly, may run the risk of making bad financial decisions just to please others. Or, they may let their emotions override logic – leading to some questionable financial choices.
They should regularly challenge their money decisions, maybe by listing logical arguments for & against.

AXIS 4 — Judging vs Perceiving
The J-P pair is concerned with how we organize the world. People tend to fall into two types : those who want tidy conclusions, & those who prefer having things more open-ended.

Judges like closure. They like making decisions, & happily tick things off as they go through their To-Do list.

Perceivers prefer not to rush into decisions. They’re more comfortable leaving things open-ended, taking a more spontaneous approach to life.

$ Money traits of J-P
Js feel a sense of satisfaction from closure, so they’re also prone to rushing into decisions – even if they don’t have the full picture. This can cause messy financial situations that could cost them losses. Restraint is needed.

Ps tend to make decisions too slowly. Because of their more casual & flexible attitude, they procrastinate about financial matters. This could lead to missing good opportunities, or worse, never putting important money matters in place.

Setting boundaries around important topics – such as a deadline – can ‘force’ them to make a decision or take action.
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