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Pounds to Pocket and Your Spending Personality

Your Pounds to Pocket personal loans team has been talking a lot about personality lately. Spending Personality. A Spending Personality identifies who you are as a consumer. As much as your Pounds to Pocket personal loans team loves to talk about budgets and saving, knowing who you are as a consumer and a spender is just as important.

  • Are you frugal of extravagant?
  • Do you shop when you are emotional?
  • Do you clip coupons or look for deals online?

The goal of finding your Spending Personality is to find out how much money you can reasonably spend each day you walk out the door. Learning about your spending habits can lead to more savings. Take a look at your budget and answer these questions to start.

  • “What and where do I like to spend money?”
  • “Where are the weak spots in my budget?”
  • “What are my strengths as a shopper?”

You will find that your Spending Personality can change over time. Use your new Spending Personality to identify budgeting flaws. The more you know about how you spend, the more you know how to save.

What is your Spending Personality, and are you going to make any changes? Your Pounds to Pocket personal loan family wants to know.

Photo: Flickr User

Representative 278% APR. Representative example: Borrow £500 and pay £79.09 per month for 12 months at a fixed interest rate of 140% per year. The total charge for credit is £449.01 (all interest). The Total Repayable is £949.01. †The loan amount that you receive is subject to your individual status review by Pounds to Pocket. ‡Pounds to Pocket checks your status with Credit Reference Agencies but may still approve those with less than average credit ratings. §Funds will be sent to your account within 1 hour, if approved between 00:30 and 22:00. If your bank does not support Faster Payments, funds will only be deposited the same day, if approved by 14:30. Learn more. ¶We may require documentation and your application may be delayed if your identity or status requires further verification. Customers with credit difficulties should seek credit counselling.