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What's Your Money Style?
From the editors at WIFE |
What's your money style?
Your money style affects your entire attitude toward finance and investments.
The Bargain Hunter
The Bargain Hunter is always in quest of her quarry, the Big Sale. Getting a bargain makes
her feel great, but finding out there was a better bargain across town makes her feel
awful.
She thinks about cost and discounts all the time, and sometimes buys things she doesn't
really need just because they were on sale.
Many Bargain Hunters will answer "yes" to the following questions.
1. Do you watch the sales more than your personal finances?
2. When shopping sales, do you look only at the money you've saved, rather than
the money you've spent?
3. Do you react to hot investment tips without investigating them thoroughly,
afraid you'll miss the opportunity to make a killing?
4. Do you spend a lot of time clipping and organizing coupons, compared to the
money you save?
5. Do you have a closet full of "bargains" you've never worn?
The Splurger
The Splurger's credit cards are her best friends, and she takes them everywhere. And like
some friends, they frequently talk her into spending money she shouldn't and can't really
afford. She hates having to say "I can't afford it." After all, she works hard
for her money, and she deserves to have money make her feel good. And when she feels bad,
watch out -Nordstrom, here she comes! Answer these questions to see if you are a Splurger.
1. Do you think of credit cards as an absolute necessity, frequently spending to
the limit?
2. If you struck it rich in Las Vegas, would you consider it "play"
money to be spent rather than "real" money to invest?
3. Do you feel anxious or defensive when asked about your personal finances?
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