• Polls

    Tightwads vs Spendthrifts

    "Frugality is driven by a pleasure of saving, as compared with tightwaddism, which is driven by a pain of paying."

    That's one of the findings of a new study comparing people's spending habits. Here's how the differences between tightwads and spendthrifts break down, according to the survey of 13,327 people:


    Tightwads
    Feel emotional pain when spending
    Men are bigger tightwads than women
    Male tightwads feel 3x the pain in buying as male spendthrifts do

    Spendthrifts
    Feel pleasure when buying
    Younger people more likely to be spendthrifts than older people
    Less education increases spendthrift tendencies

    So, are you a tightwad or a spendthrift?

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