you’re a…
SAVER
SPENDER
Congratulations,
ON TAKING THE FIRST STEP TOWARD UNDERSTANDING YOUR RELATIONSHIP WITH MONEY.
You are about to discover the best version of yourself through the science of Money Personalities. Our research proves that when you discover, understand, and develop the strengths of your two Money Personalities, the effect on you and your relationships is transformational.
When you lead with your Saver/Spender Model you are able to have more impact, self assurance, and confidence.
The key is to not change who you are, but rather to accept it, love it, and grow with it! Again, welcome. Let’s dive into learning how to be the best you, that you can be!
NOW LET’S PIECE EM’ TOGETHER
YOUR RESULTS
SVSP
CORE WORDS
DEALS
SPENDING
FLYER
SPENDER
RISK TAKER
SAVER
SECURITY SEEKER
You’re Primarily A Saver
AS A SAVER, YOUR OUTLOOK ON LIFE CAN BE SUMMARIZED AS “A PENNY SAVED IS A PENNY EARNED.” YOU MAKE THINGS HAPPEN BY GETTING THE BEST DEAL AND YOU CAN OFTEN BE THRIFTY.
A challenge for Savers: to see money as a means to an end, not the end itself. Savers rarely spend impulsively. They’ll scour the internet for deals, figure out how to save money on a vacation, and make sure they have the money in hand before making a purchase. They avoid credit card debt like the plague. Savers hate paying interest or accruing debt. They want every bill PAID OFF.
AS A SAVER:
You are trustworthy and organized with your money.
CHALLENGES SAVERS MAY COME ACROSS:
You can obsess over money.
HOW SAVERS MAKE MONEY DECISIONS:
By rarely spending on a whim.
HOW SAVERS MAKE LIFE DECISIONS:
By searching for a good deal.
SAVER OVERVIEW:
As a Saver, you are very careful with your money. You don’t like to part with it unless it is absolutely necessary or when a sale is involved. Additionally, you enjoy finding discounts for your friends and family.
When it comes to finding good deals, the Honey app offers great coupons and discounts to help you SAVE. try it for free today!
- 26%
- OF PEOPLE THAT HAVE TAKEN THE ASSESSMENT HAVE A PRIMARY SAVER PERSONALITY.
Your Secondary Is spender
AS A SPENDER, YOUR OUTLOOK ON LIFE CAN BE SUMMARIZED AS “USE IT OR LOSE IT.” YOU MAKE THINGS HAPPEN BY SPENDING ON YOURSELF AND OTHERS AND YOU ARE OFTEN GENEROUS.
Spenders are care-free with their money. They aren’t concerned about how much money they spend or who they spend it on. They aren’t necessarily rich – we know spenders who can do some serious damage shopping at the dollar store. Spenders just like spending in general.
AS A SPENDER:
A person who gets a thrill from a purchase whether it is for themselves or others.
CHALLENGES SPENDERS MAY COME ACROSS:
You’re not worried about getting a good deal.
HOW SPENDERS MAKE MONEY DECISIONS:
By acting quickly on a purchase.
HOW SPENDERS MAKE LIFE DECISIONS:
By being carefree and loving to take care of others.
SPENDER OVERVIEW:
Ready to move quickly on a purchase.
- 18%
- OF PEOPLE THAT HAVE TAKEN THE ASSESSMENT HAVE A SECONDARY SPENDER PERSONALITY.
Your Combination
Being a Saver/Spender can be complicated. You have frequent internal money conflict. One side of your brain is saying “Save, Save, Save” and the other side of your brain is saying “Spend, Spend, Spend.” You are not alone, there are many people who have this same Money Personality Combination.
Here is a scenario you may come up against:
You need a new TV. At first your Saver Money Personality thinks, “We can do without,” or “Who needs a TV anyway?” The issue is you really don’t want to part with your money. Then you walk into the store, see an amazing deal on a TV and your Spender Money Personality screams, “Let’s buy it.” On the way home your “buyers remorse” sets in.
YOU HAVE AN
OPPOSITE DYNAMIC
But, what is that? An Opposite Dynamic is the internal conflict so many of us face when our two Money Personalities CLASH.
THE MONEY PERSONALITIES ARE SPLIT INTO TWO CLASSIFICATIONS:
METHODICAL
Make serious money decisons, often have anxiety over purchases, and see money as the end itself (not a means to an end).
SAVER
SECURITY SEEKER
FEARLESS
More likely to make impulsive money decisions, don’t often have anxiety over spending, and view money as a means to an end.
SPENDER
RISK TAKER
FLYER
Your Core Characteristics
STRENGTHS
SAVER SIDE:
Get a genuine rush from saving money: It’s a source of pride: getting something you wanted, for less than it’s worth.
Are organized, responsible, and trustworthy when it comes to finance: For the most part, a Saver won’t spontaneously throw money at things.
Rarely spend impulsively: Research. Research. Research. Savers like to plan and have a whole picture put together before spending any money.
Avoid credit card debt like it’s the plague: Savers hate paying interest and accruing debt. They want to pay off all bills right away.
SPENDER SIDE:
Live in the moment: Focused on the now, and willing to spend to make life a blast!
Love to buy things for other people: Receive joy from helping others and giving gifts.
Get a thrill from the purchase: Price doesn’t matter. It is the pure fun of buying that drives the Spender.
WEAKNESSES
SAVER SIDE:
Joy stealer: A Saver’s resistance to spending money can suck the fun out of everything.
Overly focused on financial goals: Going hand in hand with joy stealing, sometimes Savers have such firm financial goals that it’s hard for them to let loose and enjoy life for what it is.
Cheap: It is hard to part with money if you’re a Saver, and you can come off as cheap or even selfish.
SPENDER SIDE:
Impractical: Most impulsive buyers. No list = No limits. Research usually isn’t a priority: if it’s there and spenders want it, they’re getting it regardless.
Non communicative: Since Spenders don’t think much on purchases, this leads to lack of communication when making big purchases. Can come across as secretive/sneaky.
Filled with regret: Sometimes Spenders get so carried away with the thrill that they forget about the actual money aspect.
A budget breaker: There can be great intention behind creating a budget, but ultimately, they find it hard to stick to.
In A Relationship
Savers can be great partners because they are careful about spending and usually spend wisely. The challenge is for them to see money as a means to an end, not the end itself.
A Spender can be a great partner because they will never let finances get in the way of truly living life to the fullest. The challenge for the Spender is to respect the money expectations of their spouse, particularly if they are a saver.
