Error monitoring, which plays a crucial role in shaping adaptive behavior, is influenced by a complex interplay of affective and motivational factors. Understanding these associations often proves challenging due to the intricate nature of these variables. With the aim of addressing previous inconsistencies and methodological gaps, in this study, we utilized network analysis to investigate the relationship between affective and motivational individual differences and error monitoring. We employed six Gaussian Graphical Models on a non-clinical population ($N$ = 236) to examine the conditional dependence between the amplitude of response-related potentials (error-related negativity; correct-related negativity) and 29 self-report measures related to anxiety, depression, obsessive thoughts, compulsive behavior, and motivation while adjusting for covariates: age, handedness, and latency of error-related negativity and correct-related negativity. We then validated our results on an independent sample of 107 participants. Our findings revealed unique associations between error-related negativity amplitudes and specific traits. Notably, more pronounced error-related negativity amplitudes were associated with increased rumination and obsessing, and decreased reward sensitivity. Importantly, in our non-clinical sample, error-related negativity was not directly associated with trait anxiety. These results underscore the nuanced effects of affective and motivational traits on error processing in healthy population.