Type a and Risk Taking in Everyday Money Matters

The purpose of the present study is to extend previous research investigating personality factors as determinants of financial risk taking in everyday money matters (e.g., personal investments and household affairs). Type A and Type B subjects were asked to make a series of everyday financial decisions that varied in degree of risk. Type A individuals took greater financial risks than Type B individuals. The results provide additional support for the influence of personality factors in everyday financial risk-taking behavior and demonstrated another area of risk taking associated with the Type A behavior pattern not previously identified.