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With different people working at different incomes, different sources, different expenses, and different needs, there are a lot of money philosophies that exist in the market. A lot of people work diligently towards growing and preserving their money but there is another type of people as well who are frugal and careless.
Based on the different type of money handlers, following are five philosophies on money;

Zero money philosophy
This is the most drastic and vulnerable type. They earn a decent amount which can at least fund their household but have so much backlog and an arbitrary image to maintain which makes them spend unnecessarily. This leads to living paycheck to paycheck and burdens the person with credit card debt. There are lots of people who spend their whole life chasing these bills and trying to live up to their imaginary expectations. This ultimately leads to lifelong stress.
Downsizing is the key to such a case. Try to cut short expenses which are not urgent and necessary. First and foremost, save for your emergency fund. Work on an alternate source of income so that you have those extras flowing in. Work on weekends and most importantly, forget what is shopping. Easier said than done, but there has to be some start.

Outsourcing experts
These are the parasites in the family. They outsource their money needs to another capable member and creep on to them. the carrier is generally the making member who is already burdened by the family responsibilities. The issue is not that someone else is taking care of them, the issue lies in lack of ownership. This behavior is generally seen in women who throughout their life remain dependent on male members of the family for finances. It is understandable that not every woman gets to step out of home and work but there are so many things one can do at home. Identify your talent and work on it. It can be anything- teaching, running a playgroup, pickle making, knitting, stitching, etc.
At the very least, even if you take money from other members of the family, track where are you spending and what can you do to grow that money.

Simple keepers
This is the category of people who are aware of the fact that they need to save and secure money for future needs but limit themselves to the basics and simpler forms. Fixed deposits, provident funds, and real estate are the topmost priorities of such people. The only drawback of this approach is that the ideology is too defensive to be fruitful. Over a considerable period of time, the returns from these avenues are not so appreciable as compared to other dynamic investment avenues.
Since this is not a problem, there is a solution as such. The only rectification that can be done is to diversify the portfolio and explore investment avenues that are dynamic and better rewarding like mutual funds.

The equilibrium players
This is the category one should aim to be a part of. These people are value investors in a true manner. Having a portfolio with a perfect combination of Fixed deposits, insurance, mutual funds, ULIPs/ELSS funds, real estate, stocks, gold, etc, these people strike a balance between both defensive and aggressive approach of investing. They ensure that some of their corpus is parked in ensured return instruments and other in money growers. Think of your money as an asset of your coming generations and evaluate risk based on that kind of time frame.
Analyzing funds on this time frame will bring about a huge but positive change in your investment behavior and take your investments to a whole new level.

The hostile manager
People who are too zealous about investing their money and invest aggressively with high exposure to riskier avenues are hostile or aggressive managers. This could be anything like investing in stocks, start-ups, day trading, etc. Even gambling and plating poker counts in such money matters. Such an approach may yield greater returns at times but also calls for greater risks. High risk cannot always be translated as a high return, it can be a high loss as well. This is not the right way to deal with your money until you have some ‘play money’ to play around with. Being a little defensive is good for your financial health.
Identify which slot you fit in and implement changes accordingly. Money is a highly-priced possession, make sure you handle it with care.