Your Financial Personality
Click below to learn more about each Financial Personality Profile.
Guardians tend to take charge of the household and business finances and keep close tabs on checkbook registers and budgets. To the penny, they know where their money goes. They take pride in living within their means and feel complimented when they’re referred to as ‘good savers.’ A Guardian might be seen photographing a lunch receipt with their cell phone, shopping with a calculator, or showing someone how to create a pivot table in an Excel spreadsheet. Above all, Guardians enjoy helping others be more cost conscious and will be the first to share ideas regarding new ways to reduce expenses. Others consider Guardians to be reliable, stable, loyal, responsible, dependable, and ethical. Guardians are extremely detail oriented, perfectionists, and problem-preventers by nature. Guardians enjoy doing research and enthusiastically welcome the opportunity! When it comes to making large purchases, since they think through all possible circumstances, you can count on a Guardian to find the most economical solution possible. Guardians make great accountants, engineers, bankers, proofreaders, and risk managers.
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I am comfortable living within my means.
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Preparing for the future keeps me grounded.
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I can’t live without Excel!
Guardians are dependable, accurate, trustworthy, and smart. They are natural problem-solvers and enjoy being detail oriented and making careful decisions. A Guardian trusts their instincts because they’ve already done their homework. Guardians will make prudent decisions based on facts and are considered to have good judgment. Guardians are extremely responsible. You can count on a Guardian to stay on top of paying bills at home and work. Guardians are bargain hunters and will always find ways to stay within budget. They enjoy sharing money management techniques and will gladly share these tips with others. A Guardian’s biggest gift is teaching others the value of money and how to plan appropriately for a sound future.
Guardians find delegating or relinquishing control challenging, especially when it comes to finances. Unintentionally, Guardians can be compulsive savers, and be perceived as overly conservative and sometimes be controlling. Frankly, Guardians believe they’ll do a better job than anyone else, and they’re usually right. Guardians tend towards being hyper-focused on details and saving money that growth opportunities could pass them by. Because Guardians like to mitigate risk, and they’re averse to debt, they could miss out on some significant opportunities that using credit responsively could provide.
Ask yourself: Are we having fun yet? If not, or fun for you is adding color to your spreadsheets, you might want to take a closer look at your saving habits. It might be time to gut-check your risk tolerance and determine whether your safety net is too aggressive. On the average, at a minimum set aside three months of expenses in savings (or more only if doing so allows you to sleep at night). Make sure your money is working well for you, and you’re not losing money due to inflation. Consider using automated budgeting tools since they allow you to be in control. Look for checking accounts like CCNB’s Coastal Rewards checking account that pays you back. Coastal Rewards is a high-yield, interest-bearing checking account that rewards you for using it. Consider exploring our rates on Coastal Rewards checking account make your money work for you while still being accessible for that rainy day.
A Visionary is motivated by what they love to do and becomes even more focused when others support what they’re trying to accomplish. They view money as a tool to get what they want. Visionaries are extraordinarily passionate and at their best when they’re working on a project; particularly when a financial payoff is on the horizon. While money motivates some Visionaries, some just thrive on work. Visionaries never miss deadlines and will often work around the clock to ensure a project gets completed in time. They enjoy putting their heart and soul into projects and will become even more focused when acknowledged for their achievements. Above all, Visionaries need to be surrounded by loyal, trustworthy people and expect others to assist them when they’re asked (because asking doesn’t happen that often). Visionaries utilize online banking so they can check their balances frequently primarily since they operate best when they have a way to measure results and saves them time. Because of their entrepreneurial nature, Visionaries make excellent business owners; excel at marketing and sales positions, and are comfortable in managerial roles. A Visionary’s gift is inspiring and motivating others to take a chance on fulfilling their wildest dreams and living life to its full potential.
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If not now, when?
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I love a challenge; let’s do this!
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Above all, let’s do what it takes to achieve great results!
Visionaries are strong motivators and tend to outwork everyone in your office. Although they have high expectations, they demand the most results from themselves. Visionaries never waste time and will look for ways to improve efficiency. They are opportunity seekers, future-focused planners and quick to act when financial opportunities arise. Making and managing money is always a priority, and they consistently strive for financial independence. Business owners can benefit by putting a Visionary on their long-term planning committee since they’re naturals at determining what’s next and can easily identify the most efficient way of getting there.
Visionaries believe money will improve their quality of life. Since quality of life is extremely important to Visionaries, they devote all their time and energy trying to improve theirs. Ironically, this creates a greater propensity for a Visionary’s work-life balance to become off-kilter which, in turn, impacts one’s quality of life. Because they never want to miss an opportunity, Visionaries also need to keep the balance of risk-reward in check. Visionaries should be mindful of accumulating too much responsibility when it comes to both workload and financial debt. Visionaries need to be mindful that financial planning and staying on top of managing monthly budgets can often take a backseat to the many other tasks Visionaries have on their plate.
Visionaries could benefit greatly from the financial guidance of a trusted banker, financial planner, and CPA to help keep them financially grounded and help find creative ways to fund their ideas. CCNB’s commercial lenders take the time to get to know you and look for innovative ways to help you achieve your business goals. Whether you’re a business owner, manage people or interested in securing your family’s future, having a strategic, comprehensive financial plan provides the independence Visionaries desire while ensuring they have the money needed to match the quality of life they choose.
A Samaritan puts relationships above all else. They love giving, supporting others financially, and are equally generous with their time. Samaritans are deeply spiritual people. They are compassionate, altruistic, and peacemakers who believe they have a higher purpose than just making money. Samaritans view money as a way to give back. They give back to the community, to their co-workers, and support the causes they cherish most while seeking financial security for their family. Samaritans are most happy helping others achieve their full potential and uncomfortable putting themselves first. They often feel guilty about spending money on themselves. Samaritans need to be reminded that to help others effectively, they need to make sure their financial needs are met first. Since they take the responsibility very seriously, and others depend on them for fiscal and emotional support, it’s challenging for Samaritans to know when (and how) to say no. Although they pay attention to their physical health, financial health can sometimes take a back seat because they’re so focused on helping others. By nature, Samaritans make great professors, public servants, and philanthropists, because of their innate ability to unite and inspire others. A Samaritan’s gift is the wonderful example they set nurturing and helping others. Without trying, they inspire those around them to be more generous and how important it is to put other’s needs first.
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Sharing my time, talent and treasure bring me joy.
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I put others’ financial needs before my own.
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Stop me before I volunteer again!
Samaritans are extremely kind and have incredible people skills and emotional intelligence. When a Samaritan is in a leadership role, businesses experience lower turnover rates because of their natural ability to cultivate meaningful relationships and create positive work environments. It’s important to a Samaritan not to be dependent on other people, and prefer others depend on them. They are good decision-makers because they always strive to do the right thing under any circumstance. When making decisions, the consider how their actions impact others. In business, if it’s harmony you’re seeking, make sure you have a Samaritan on your team to help guide the way.
Because they never want to disappoint anyone, Samaritans fear not having the means they need to provide support for their loved ones and causes. For this reason, Samaritans can be overly cautious when it comes to finances and have a propensity to invest in others while leaving their financial needs unmet. Samaritans also tend to avoid important financial conversations with family and close business associates if the possibility of conflict exists.
Although a Samaritan has their children’s college fund established and well capitalized, they need to make sure their own retirement contributions are maxed out first. When creating a budget for home or business, determine what a healthy “support” budget is once you’ve paid yourself first. View this step not as a way to say no, but a way to say yes to the things that matter most in your life so you can continue to support what’s important to you and what you cherish most.
Trailblazers are freedom seekers. To them, enjoying life isn’t about accumulating money or things. When it comes to money, a Trailblazer seeks financial freedom so they can enjoy life to the fullest. Trailblazers are highly skilled, capable, intelligent individuals who excel in managerial positions and leadership roles. Although they enjoy working hard, they expect to be compensated fairly for their strong efforts. Although they want to be in charge of household and business finances, Trailblazers must discipline themselves to take the time to manage day-to-day financial obligations and other routine tasks they view as mundane. A Trailblazer can’t be tied down or put in a box and will successfully challenge those who attempt to do so. They consider themselves unique and will openly share opinions and ideas. A Trailblazer is unpredictable and spontaneous and likes to be surrounded with people who complement and support them professionally. They are comfortable with their ability to question the status quo and can back their reasoning up with facts. When it comes to managing money, they have a strong desire to set-it-and-forget-it. Trailblazers are first to adopt time-saving conveniences like mobile deposit capture, direct deposit, and online banking. They prefer to bank-by-phone when it’s most convenient for them, and they understand how to use credit wisely to achieve the results they desire. Trailblazers make great entrepreneurs, lawyers, and business leaders, first-responders, and environmentalists since they’re accustomed to thinking on their feet and seizing opportunities as they arise.
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I use money as a tool to accomplish my goals.
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I prefer spending money on an experience, not material objects.
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Carpe Diem! Seize the day! We Can Do That!
Trailblazers are fearless, highly motivated people who respond well under pressure and get things done. They are action-oriented who don’t overthink things, and therefore, highly productive individuals. Although Trailblazers live in the moment and they’re open to taking risks conservatively, for the most part, Trailblazers are fiscally responsible. They are not afraid to delegate budgeting responsibilities as long as they’re still in charge. They count on people they trust to do the required due diligence needed to help everyone avoid making critical mistakes.
Trailblazers who are not financially savvy could easily overspend and unintentionally let their finances get out of control. Since a Trailblazer’s nature is to act fast, they might tend to make impulsive decisions and overlook some critical details; especially when it comes to making financial decisions. Trailblazers should allocate enough time to review the fine print so that crucial details are not overlooked, and good choices are made. If a Trailblazer is heading up a household or managing a team, it’s essential to recognize that not all people respond as well as you do under pressure.
Did you know it only takes 21 consecutive days to establish a new habit? Set aside a few minutes each day to review your finances to avoid surprises. Although money is not your priority, there are simple actions you can take now to ensure you can continue to support the lifestyle you choose. Consider using automated budgeting tools that allow you to be in control while automatically tracking where your money goes so you don’t have to. Contact a CCNB representative so we can schedule a convenient time to meet and get to know you. We’ll be glad to show you the many time-saving conveniences we offer so you can spend less time banking and more time living.
A Connoisseur prefers to purchase quality products and services and is typically not motivated by price. They focus more on value than what something costs. Because they’ve worked hard, they’re able to spend money freely on material items like cars, and expensive clothing that conveys their sense of style and sets them apart from everyone else. They enjoy giving others lavish gifts and have a reputation for throwing memorable parties. The ability to experience the finer things in life brings Connoisseurs their greatest pleasure and drives them to achieve more. Although a “living for the moment” attitude provides the instant gratification they’re accustomed to; it’s important for Connoisseurs to invest in the future so that they’re able to maintain the lifestyle they’ve already established. Philanthropic connoisseurs typically view themselves as change-agents and help fund thee causes they genuinely care about. Connoisseurs improve our local economy and often have deep roots in communities in which they live. Connoisseurs are typically comfortable being in the spotlight and respond well to being acknowledged for their achievements and philanthropy. They hold several board chairs, seats in government positions, and make excellent mentors. Above all, they provide resources that might not have otherwise been possible. A Connoisseur reminds us that we all need some pampering from time to time and that’s okay. They inspire us to reach for the stars knowing that all things are possible with hard work, strong work ethic, and dedication to their craft. Connoisseurs help fund others’ dreams and leave lasting legacies that inspire others for years to come.
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Time, more than money, is my most precious commodity.
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I enjoy living life to the fullest.
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Why save for a rainy day when I’m a rainmaker!
Connoisseurs make spending money fun and often invite others along the ride. They introduce the people closest to them to places and things that might not have otherwise been possible. They inspire us to work hard, remind us it’s okay to experience the finer things in life and encourage us to escape what’s ordinary. We can learn a lot from financially savvy Connoisseurs since they love to share their stories about how they achieved their success and overcame obstacles along the way.
Although you’re right in saying you can’t take it with you, it’s still a good idea to be saving for life’s unexpected curve balls and realize that nothing is more impressive than being prepared for those times when people count on you most. Unintentionally, Connoisseurs can easily overspend and put their financial future at risk. Be mindful of the difference between needs and wants, so you don’t exceed your discretionary income budget on something today that can jeopardize your financial future tomorrow.
Before spending money on things you want, review your monthly budget frequently to ensure your future needs have been met. Maximize ways to either pay down debt or pay yourself first. Make sure your money is working for you. Consider a plan that includes building generational wealth so you can continue to provide a sound future for your family for years to come. CCNB has great rates on CDs and Money Markets and personal and commercial loans. Contact a CCNB representative to learn more.