Who you are determines how you spend

Scottish Widows claims your personality profile could be the key to your finances. Research by the insurer during 2006 found that just 46% of people are saving money for their retirement, down from 55% in 2005, despite all the publicity in the media about inadequate pensions and warnings from the Government. Shockingly, as many as 42% of households carry over debt on their credit cards from the previous month, and 23% are running an overdraft.

Scottish Widows asked personality expert Pat Knightley, a master practitioner of neurolinguistic programming, to create the "Personality Profiler", which can give you an insight into your personality and how it affects your attitudes to finance.

Once you have done the test, you will find out if you are, among other categories, a "Sceptic" and always save for a rainy day; an "Adventurer" who flies somewhere warm at the first sign of one, or a "Maverick" who expects a year-long summer.

Read more: Does your personality hold the key to your purse

19 February 2007 © Moneyextra.com

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