Analysts are always looking for more information about the markets, financial strategies, and ways to make money.

Unfortunately, while widely informed, you have a propensity to gather too much information, which often results in decision making paralysis. As an Analyst, you likely have most (or all) of your savings, in cash, out of fear that you may make the wrong decision.

Check out how your Analyst personality comes out in the following areas:

Evaluates cost/benefit before spending
Prefers not to borrow unless best or only option
Scarcity mentality
Moderate; but struggles to make decisions

Saves consistently
Thinks about money often
Plans both for now and the future with little action
Balance between supporting self and giving to others

Tips for The Analyst:

Stop searching for more information – your brain is already on overload. Take a break from learning and researching, and instead focus some attention on your goals and what you are looking to accomplish.
Start small. You don’t have to go all in. Consider taking small steps towards investing by allocating 20% of the intended amount to an investment. Once you are comfortable with the first step, you can continue moving forward with the rest.
Talk through your options with a financial planner. Have you ever heard of decision-making fatigue? In most cases, it can be helpful for someone to help you make a decision, or make the decision for you, as long as it is in your best interest – be sure the person helping you is a fiduciary.