How your Learning Style is the key to money management success
People often ask me, “What’s the best method for managing money?” My answer: the one you’ll stick with.
There’s no magic app or system that works for everyone. That’s because managing money requires us to understand and process information about our financial lives, and different people process information in different ways. This is the key concept behind the study of Learning Styles.
If you’ve struggled to connect with a particular method to manage and track your finances, chances are you’re not working with the unique way that you perceive, process, and retain information.
The different styles are:
If you’re a visual learner, you process through images, pictures, and spacial understanding. Logical learners connect through reasoning, and auditory learners, who are often highly musical, process what they hear. Verbal learners use words, both in speech and writing, and kinesthetic learners do best when they can move, using their hands and sense of touch.
If you aren’t already familiar with what works best for you, there are a number of online quizzes you can try. Or just think of another area of your life that you have an easy time organizing and understanding, and identify which style you use there.
For more on how to put pen to paper and reach your financial goals, read the full article here.