3min chapter

Speaking of Psychology cover image

Tightwads and spendthrifts: How emotions drive our shopping behavior, with Scott Rick, PhD

Speaking of Psychology

CHAPTER

Are You a Tight Wad or a Spendthrift?

50 to 60% of people are in that big middle ground of the unconflicted consumer. And then it's about equally shared on the extremes. So tightwads aren't really getting any pleasure out of accumulating their money, right? I mean, they just have so much pain spending it that. That's the difference. Women are a little more likely to be spendthrifts than men are. We even find that within gender you see these major differences so women who are tight wads are more likely to have majored and engineering in math. And women who are spendthrift are more Likely to major ind social work and things like that.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode