If you had to guess, would you say that I’m a born spender or a natural saver? If you have read just a single blog post on this site or talked with me for 10 minutes, you’d know that every ounce of my being is prone to saving, and quite honestly, spending can nearly put me into a panic attack.
Saving In My Youth
When I was a kid, I was all about saving and hardly ever spent a dime of my own money. Every birthday, I would acquire about $60 in cash and I would deposit it straight into my savings account without even thinking about buying a birthday present for myself. In my high school years, the saving trend continued. If I liked a girl and asked her out on a date, guess where I took her? She had two options: Burger King or McDonalds. Needless to say, my high school dating scene was nearly non-existant. (Just as a fun fact for you, I didn’t know how to pay the bill at a regular sit-down restaurant until I was 20 years old! I was thoroughly confused when I didn’t see any cash registers…)
Spending Differences in Marriage
When I finally discovered that there were other places to take a date than Burger King or McDonalds, I was able to land a beautiful bride. Since I was mostly an introvert saver, of course my heart was captured by an outgoing spender. It definitely hasn’t been the easiest companionship, but my wife has taught me that life is meant to be lived, and in order to live life, I’m going to have to release my grip on a few Benjamins once in a while.
Are You in a Relationship With Your Opposite?
If you are a spender, are you currently married to a saver (are you researching www.cashloans.co.uk while your spouse is putting every available dime into a piggy bank)? Or, perhaps you’re a saver married to a spender. Or, maybe you’re both spenders or both savers? Which would you say is the best combination? Let’s take a look!
Saver w/ Spender (and vise versa)
This relationship is not an easy one. There are often many arguments about money and life isn’t always fun. Perhaps the spender finds that it’s an absolute necessity to buy a 3D big screen TV, but the saver would rather purchase a used projection television and invest the rest of the money for their retirement. Talk about a difference of opinions!
Spender w/ Spender
The spenders have more fun than you could ever imagine. They’re always out on the town watching shows, dining out, and buying gifts for all of their friends. They’re often the life of the party, but you’ll never find a comma in their savings account. When trouble happens, the credit card comes out so they can survive until the money starts coming in again. Retirement savings are typically non-existent as well because what fun is that? It’s way more fun to spend the cash on something they can use now!
Saver w/ Saver
Ahhh the two savers. More often than not, this couple is a yawner. They never go out of the house and don’t ever splurge either! They buy everything used and don’t replace any items unless they’ve disintegrated into thin air. This couple will die with millions of dollars in their retirement accounts, but will have never left their hometown state! While they may have acquired some wealth during their lifetime, they’ve never really lived.
Me and My Spender Wife
After considering the alternative of living with a saver, I’m glad that my wife is a spender. She pushes me into living life rather than dying without having any experiences whatsoever! With a little bit of compromise on both of our parts, we can have a life of fun and wealth in our future.
What type of scenario do you have? Are you and your spouse both savers or spenders? Or maybe there’s one of each? Are you enjoying life?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.