Psychometric testing could give you an idea of how well you will survive the current credit crunch a new study has revealed.
Researchers from the University of Hertfordshire studied the links between personality traits and financial behaviour and presented their findings at the recent British Psychological Society Annual Conference in Brighton.
Joseph Davey and Christeen George used questionnaires to measure the financial attitudes and the financial behaviour of 269 people.
All 269 participants took a personality test, which rated them as high or low on the so-called big five personality characteristics - openness, conscientiousness, agreeableness, neuroticism and extraversion - whilst their feelings of control were also taken into account.
They found that people who were highly agreeable, emotionally stable or introverted were more likely to engage in sensible financial behaviour like saving for the future and avoiding debt.
Meanwhile, extraverts and disagreeable people were more likely to spend all of their money and have some form of debt.
Lead researcher Joseph Davey said they had discovered a strong link between dimensions of personality and financial behaviour that was stronger than the link to financial attitudes.
He explained that although someone may have the attitude that saving is a good idea, this doesn't seem to impact on how much will be in their savings account.
Rather, whether they save or spend will be a consequence of their personality traits, he added.