Do introverts tend to be conservative with their spending, or do they burn through cash with total abandon?
Though it varies by person, introverts are generally not huge spenders. I certainly am not.
We typically value experiences over material stuff.
Yes, certain experiences can cost an awful lot of money (e.g., European vacations). But introverts don't need to travel that far and wide in order to enjoy themselves.
Whether it's going to dinner with close friends; spending the afternoon at a local museum, library, or art gallery; we value enriching experiences more than we do physical possessions.
And the stuff introverts like me might spend more on tends to be relatively inexpensive, like books or coffee.
Again, it isn't to say there are no spendthrifts on Team Introvert. But they're not as commonplace as those who relish going out and forking over untold sums of money at nightclubs, casinos, and other venues.
Remember, introverts tend to be home bodies. Our preference for staying in with a good book surely does our bank account a favor.
Given our reticent nature, dislike of the spotlight, and our embrace of simplicity in our lives, it's probably fair to say that a great many introverts are not overly ambitious -- at least not to the point where money overrides their sound judgment.
But as I noted earlier, it really depends on who you look at. Julia Roberts is a self-admitted introvert, but I'm sure with all those millions she may not necessarily fit the profile of humble introvert.
Some people, no matter their personality/temperament, just aren't good at managing money. One asset we introverts have in our toolbox is our affinity for reading and research. It's never too late for an introvert to brush up on financial management and get their affairs in order.
Still, introverts -- just as much as anyone else -- should avoid financially irresponsible behaviors like:
- Running up their credit cards
- Heavy spending on booze or drugs
- Gambling away savings
You don't have to tell introverts twice that money isn't everything. We tend to value books and experiences (low-cost ones) over spending on big-ticket items we may never need or use. Moreover, keeping up with the Joneses isn't in our vocabulary, as the last thing we want is to draw attention to ourselves.
In sum, is there such a thing as a heavy-spending introvert? Of course. But you'll find such individuals in the minority. In fact, as most introverts tend to be minimalists, you're far more likely to see terms like frugal or thrifty being attached to is.