If you’ve ever met someone who can light up a room but can’t balance a checkbook, you’re not alone.
Some folks are just naturals when it comes to people skills, yet they struggle with the money aspect of life.
It’s a curious blend, isn’t it?
Interestingly, they make them excellent at relating to others but not so great when it comes to financial matters.
In this article, we’ll dive into these patterns, and who knows?
You might even see a bit of yourself in there.
Stay tuned for an insightful exploration into the world of those who are bad with money but good with people.
1) They’re masters of empathy
Have you ever noticed how some people can just walk into a room and instantly connect with everyone in it?
It’s like they have this magnetic aura around them that draws people in. And you know what?
These folks are usually the ones who are not so great with their finances.
Weird, isn’t it?
But if you think about it, it makes sense. Their attention is mostly on people, their stories, their struggles, and their victories.
They feel what others feel, making them incredibly empathetic.
This heightened sense of empathy allows them to form deep connections with others.
They’re the ones who can tell when someone is upset even before they say a word.
Get Smarter Everyday Join Us On WhatsApp
They are the ones who can lighten up a heavy atmosphere with just a few words.
But while this intense empathy makes them brilliant at understanding people, it often leaves them neglecting their own financial wellbeing.
While they might not be the best at budgeting or saving, they sure do know how to make people feel seen and heard.
Fascinating, isn’t it?
2) They prioritize relationships over material wealth
Here’s a personal story for you.
I have a friend, let’s call him Mark. Now, Mark is one of the most charming individuals you’ll ever meet.
He has this knack for making anyone he talks to feel like they’re the most important person in the world.
But, his bank account tells a different story.
I remember one time we went out for lunch at this fancy new restaurant downtown.
Mark had recently lost his job and was struggling to make ends meet. But when the bill came, he insisted on paying.
“Why?” I asked him, “You’re going through a tough time. You really don’t have to do this.”
He looked at me and said, “To me, this isn’t about money. It’s about spending quality time with a good friend. And that’s worth more than any dollar amount.”
That’s when it hit me – people like Mark prioritize relationships over material wealth.
They would rather spend their last dime on creating memories with the people they care about than save it for a rainy day.
Get Smarter Everyday Join Us On WhatsApp
It’s a beautiful mindset when you think about it, but it also explains why they often struggle financially.
They’re so focused on the here and now that they sometimes forget to plan for the future.
And that’s our second habit – prioritizing relationships over material wealth.
3) They’re not afraid to take risks
Let’s talk about risk-taking.
Individuals who are good with people but bad with money are often more willing to take risks.
Where some might see danger, they see opportunity.
They’re the ones who dive headfirst into new ventures, even if there’s a significant chance it might not work out.
While this trait can lead to incredible success stories (think of all the entrepreneurs who made it big after taking a significant risk), it also explains why they can struggle financially.
Being comfortable with risk means they’re more likely to make impulsive purchases, invest in volatile markets, or jump into a business venture without adequate financial planning.
In essence, their willingness to take risks contributes to both their social success and their financial instability.
4) They’re generous to a fault
Have you ever met someone who would give you the shirt off their back without a second thought?
These are the folks who are first to reach for their wallet when the bill arrives, the ones who always contribute more than their share on group gifts, and the ones who would lend you money without expecting anything in return.
Their generosity knows no bounds.
However, this trait often contributes to their financial struggles.
Get Smarter Everyday Join Us On WhatsApp
While their hearts are in the right place, their generosity can sometimes lead them to financial instability.
They give out so much that they often neglect their own financial needs.
But despite this, they wouldn’t have it any other way.
For them, the joy of giving and seeing others happy far outweighs any monetary loss.
5) They’re not the best planners
I’ve noticed that people who are fantastic with others but not so great with money often struggle with planning.
I can’t tell you how many times I’ve seen it.
They’re the friends who are always up for spontaneous trips or last-minute get-togethers, but when it comes to planning their budget or saving for the future, they’re not quite as enthusiastic.
I think it’s because they live in the moment.
They focus on the now, on the experiences and relationships right in front of them.
And while this makes them incredibly fun to be around, it also means they often overlook long-term financial planning.
It’s a balancing act, really.
Living in the moment versus planning for the future – and it’s one that they tend to sway towards the present more often than not.
6) They often underestimate their financial skills
Here’s something you might not expect – people who are great with others but struggle with money often have more financial skills than they give themselves credit for.
Think about it.
Get Smarter Everyday Join Us On WhatsApp
They’re excellent negotiators, they’re persuasive, and they have a knack for building relationships – all of which are crucial skills in the world of finance.
But here’s the catch – they often don’t realize this.
They’re so focused on their perceived weaknesses that they fail to recognize these strengths.
They see themselves as “bad with money,” which becomes a self-fulfilling prophecy.
With a little bit of self-awareness and confidence, they could leverage these skills to improve their financial situation.
But until they recognize this, they’re likely to continue struggling with money.
7) They’re driven by passion, not profit
Ever noticed how some people seem to genuinely love what they do, despite not earning much from it?
People who are bad with money but good with people are often driven by passion rather than profit.
They’re the artists, the social workers, the volunteers, the teachers – the people who do what they do because they love it, not because it makes them wealthy.
Their work is about making a difference and connecting with others, and that’s what truly matters to them.
However, this can lead to financial instability as they often prioritize their passion over financial gain.
While this might not be the best strategy for building wealth, it certainly makes them rich in other ways.
8) They value experiences over possessions
The most vital thing to understand about people who are bad with money but good with people is that they place a higher value on experiences than possessions.
They’re the ones who would rather go on a trip with friends than buy the latest gadget, or choose a simple dinner with loved ones over an expensive night out.
Get Smarter Everyday Join Us On WhatsApp
In their eyes, the memories made, the relationships formed, and the experiences shared are far more valuable than any material possession.
Yes, this perspective might not align with traditional notions of financial success.
But for them, life’s wealth isn’t measured in dollars and cents.
It’s measured in laughs shared, tears wiped away, and moments spent with the people they care about.
Embracing the richness of relationships
There you have it. People who are bad with money but good with people aren’t necessarily doing something wrong.
They’re simply following a different set of values – prioritizing the richness of relationships and experiences over financial wealth.
It’s not about having less financial acumen, but about having more emotional intelligence.
They hold a unique perspective where material wealth takes a backseat while human connection and shared experiences take the front stage.
Albert Einstein once said, “Not everything that counts can be counted, and not everything that can be counted counts.”
This rings particularly true for these individuals.
Their story is a reminder that success in life isn’t solely about accumulating wealth.
It’s also about the bonds we form, the memories we make, and the lives we touch.
Because at the end of the day, isn’t that what truly makes life rich?
Pause for a moment and reflect on this perspective.
Perhaps there’s more to learn from these individuals than meets the eye.
Get Smarter Everyday Join Us On WhatsApp
