So, what personality type are you and what should you be doing to improve your financial health?
Spenders enjoying treating themselves through one costly purchase at a time, these money managers typically don’t bother with discounts or bargains but always look to make a statement through what they wear, drive and have.
They are very comfortable spending money and aren’t afraid of investment risks or debt.
The best way to curb a spender’s habits is avoiding the places where they can spend money, as well as a mindset change to seek out long-term value instead of short-term satisfaction.
Limiting one’s spending, and then adding that to a savings pot or investment will have the same effect as buying a new pair of shoes, except with the added benefit of not spending any actual money.