A new year is the opportunity to start afresh.
Financial goal setting and better money management are often top of everyone’s list of new year’s resolutions.
But what other factors are at play? How does your star sign align and what does your financial horoscope say about you?
Capricorn: December 23-January 20
Capricornians are practical and prudent with their money. This means that they’re willing to live off a tight budget, delay gratification and work on trade-offs.
Unfortunately, Capricornians tend to be pessimistic, meaning they often feel their hard work won’t pay off.
Tip: Have a little bit of faith; your hard work and persistence will pay off over time.
Aquarius: January 21-February 19
Humanitarian by nature, Aquarians will try to look for sustainable investments. They’re often original and inventive so are interested in new ways of making their money work for them.
Their unpredictable behaviour can set them off course, however, and once their mind is made up they can be intractable.
Tip: We know you like to do things differently but sometimes it’s unnecessary to re-invent the wheel.
Pisces: February 20-March 20
Adaptive in nature, Pisces are like a fish in water, able to easily change to suit the environment around them. This goes for money management, where they are willing to change tack to improve their outcome.
Unfortunately, they tend to rely too heavily on intuition and can be a bit vague in their decision making.
Tip: It’s great you are willing to adapt when circumstances change. However, don’t let your intuition take over; sometimes you must look at facts.
Aries: March 21-April 20
Aries are confident and courageous by nature, traits that strongly influence their money personality. When selecting a financial strategy, Aries are confident that they know the right choice and don’t care too much about what other people think.
Their adventurous side can lead them astray, however, often resulting in impulse purchases and daredevil investments that don’t always pay off.
Tip: Learn how to harness your courageous and confident nature to make measured financial investments, while reining in your impulsive purchases.
Taurus: April 21-May 21
Just like the bull, Taureans are patient, reliable and persistent.
When it comes to finances, these attributes make them the perfect candidate for putting in place long-term financial strategies, as well as goal planning. Taureans believe anything worth having is worth working towards.
Unfortunately, they do tend to be inflexible, which can work against them.
Tip: Use your patience and persistence to your advantage as a way of helping you achieve your financial goals. However, know when it’s time to change direction, otherwise your inflexibility could cost you money in the long term.
Gemini: May 22-June 21
Communicative and witty, Geminis gravitate towards a money-management style that values logic, while considering all possible strategies and outcomes. Once they’ve worked out their preferred style, they like to seek advice and talk through their decisions with friends and family.
However, inconsistency and a sometimes nervous nature can mean that one bad money experience can see Geminis dropping all their plans and doing a 180-degree turn in the opposite direction!
Tip: Don’t let one bad experience foil your well-thought-out plans. Trust your logic and make smaller changes, rather than switching tack completely.
Cancer: June 22-July 22
One of the most emotional and intuitive of all the star signs, Cancerians are cautious and protective over their finances. This can work in their favour as they are able to embrace frugality and are not often concerned with material belongings.
But their over-emotional nature can get the better of them, making it extremely difficult for them to let go of grand ideas or strategies.
Tip: Don’t let intuition hamper your financial savviness. Know when to step back and be objective. Maybe it’s time to treat yourself a little?
Leo: July 23-August 21
Broad-minded and creative, Leos are willing to trial new money-management strategies – if they believe the payoff is worthwhile.
However, their generous nature means that they will often be too giving, landing themselves in financial difficulty.
Tip: Leo, your generosity is always well-intentioned but know when to hold back some pennies for yourself!
Virgo: August 22-September 23
Modest and meticulous, Virgos display practical and diligent money-management behaviours. Their analytical mind makes them a savvy saver and the perfect candidate for goal setting.
Unfortunately, Virgos’ anxious nature and perfectionism can mean that they take longer to make important financial decisions.
Tip: Realise nothing in life is perfect – even your well-thought-out financial plan. Sometimes life happens, and you have to roll with the punches.
Libra: September 24-October 23
Diplomatic in all affairs, money matters included, Librans will apply a measured and fair approach to their financial prowess. This makes them a good candidate for the “jam jar” method of saving, creating separate accounts for different financial goals.
But they do tend to be indecisive. This shortfall will often see them squander their time and effort without making a finite decision, often costing them in the long run.
Tip: Don’t let your indecisiveness cost you a sound investment. Weigh up your options and make a decision, rather than letting time do the deciding for you.
Scorpio: October 24-November 22
Scorpios are passionate and determined personalities and it’s no different when it comes to how they handle their finances.
However, Scorpios’ fiery nature can also mean that they are compulsive and obsessive.
Tip: Keep your head screwed on. Money is a passionate subject but try to be objective. Lead with your head, not your heart.
Sagittarius: November 23-December 22
The freedom-loving and forever optimistic Sagittarians are straightforward when it comes to their dollars and cents. They’re willing to work towards a strategy and put in the hard yards but they often have unrealistic expectations.
Tip: Don’t get your hopes up. Optimism is good but make sure your expectations are realistic and don’t lead you astray.