Supposedly, 62% of Americans are savers (according to Gallup Polls), but I don’t buy that. Not when I see what goes on at the local Target and Best Buy, not to mention the conversations I hear at work. People are spending money – in record numbers in fact. They’re just doing it differently these days.
5 Types of Spenders
From my vantage point, there are 5 types of spenders in this world. Almost all of them think they’re savers because they occasionally find a deal on their retail purchase. Let me clue you in on something…this doesn’t make you a saver.
The video below details the five types of spenders. Personally, I often land in the camp of Spender #4 and #5. I want to know what type of spender you are! Let me know in the comments below!
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.