6 Reasons Why Savers Are Sexier Than Spenders


What's Hot


2 Types of Black Marks Might Vanish From Your Credit File SoonBorrow

This Free Software Brings Old Laptops Back to LifeMore

6 Ways the Obamacare Overhaul Might Impact Your WalletInsurance

21 Restaurants Offering Free Food Right NowSaving Money

7 Dumb and Costly Moves Homebuyers MakeBorrow

House Hunters: Beware of These 6 Mortgage MistakesBorrow

Beware These 12 Common Money MistakesCredit & Debt

Obamacare Replacement Plan Gets ‘F’ Rating from Consumer ReportsFamily

Where to Sell Your Stuff for Top DollarAround The House

30 Household Uses for Baby OilSave

25 Ways to Spend Less on FoodMore

Nearly Half of Heart-Related Deaths Linked to These 10 Foods and IngredientsFamily

The True Cost of Bad CreditCredit & Debt

17 Ways to Have More Fun for Less MoneySave

14 Ways to Maximize Your Social Security ChecksGrow

10 Ways to Save When You’re Making Minimum WageSave

Boost Your Credit Score Fast With These 7 MovesCredit & Debt

7 Painless Ways to Pay Off Your Mortgage Years EarlierBorrow

The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

10 Companies With the Best 401(k) PlansGrow

8 Ways to Take Control of Your Finances — and Be HappierGrow

This Scam Now Tops ID Theft as the No. 2 Consumer ComplaintFamily

5 Surprising Benefits of Exercising Outdoors in WinterFamily

14 Super Smart Ways to Save on TravelSave

New Study Ranks the Best States in the U.S.Family

Thousands of Millionaires Moving to 1 Country — and Leaving AnotherGrow

The Rich Prefer Modest Cars — Should You Join Them?Cars

Strapped for College Costs? How to Get the Most From FAFSABorrow

6 Overlooked Ways to Save at Chick-fil-AFamily

Secret Cell Plans: Savings Verizon, AT&T, T-Mobile and Sprint Don’t Want You to Know AboutFamily

6 Healthful Treats for Your DogFamily

Ask Stacy: What’s the Fastest Way to Pay Off My Mortgage?Borrow

7 Free Sources of Manufacturer Coupons You Can Find OnlineSave

Ask Stacy: How Do I Start Over?Credit & Debt

8 Ways to Get a Good Price on a Shiny New AutoCars

You’ll Soon Pay More to Shop at CostcoSave

10 Ways to Save When Your Teen Starts DrivingFamily

Fixing Your Credit? Do These 5 Things, Avoid These 3Credit & Debt

They may not be as flashy or stylish as their high-spending friends, but savers have a sex appeal that's all their own.

Doesn’t it seem as if spenders get a lot of good press? The woman with the flashy car, the guy with the obscene Rolex collection, and the couple who leverage their McMansion to buy holiday gifts grab our attention and get the glossy spreads.

Savers, however, aren’t media darlings. They are relegated to the back pages and labeled with less-than-flattering descriptors, such as “tightwad,” “penny pincher” or “miser.”

Savers are seldom seen as powerful, confident or sexy. However, here are six reasons why savers actually are more attractive than their spendthrift peers:

1. Savers can seize the moment … and the deal

Good deals come and go quickly. To take advantage of a red-hot bargain, you’ve got to be ready and able.

By living below their means, savers generate and bank a surplus each month. That capital can be used to seize and seal deals that might not be accessible to buyers with more sluggish personal economies.

Imagine hearing through the grapevine of a fixer-upper house in a prime location that’s being offered at a bargain-basement price. Which do you think an impatient seller would choose: The buyer with cash in hand who’s ready to sign right after the inspection? Or the buyer who needs to talk to a banker and maybe ask for a few financial favors from Mom and Dad?

Admit it, there are few things sexier than a man or woman of action, the one with the knowledge and the means to make those large and small deals happen.

2. Savers aren’t beholden to lenders

In some fashion, borrowers always answer to their lenders. There’s nothing particularly wrong with strategic borrowing for investment purposes. However, borrowing and chronic debt can sap our wealth and energy, making life seem much more restricted.

By contrast, a saver is freer to make bold choices, reinvent a career, take some time off or follow a dream. That combination of flexibility and freedom is a rare quality these days, and it can be potently attractive.

3. Savers swim against the tide

Consumption has become a national sport. Today, the economic challenges our nation faces aren’t won by encouraging citizens to buckle down and save more. Instead, Americans are encouraged to make a collective effort to shop more.

A saver is a new sort of pioneer who ignores what the neighbors are doing and rejects the flawed logic that spending more is always better. If you’re a saver, you know what I mean: It takes a bit of confidence and comfort in your own skin to follow a different path.

4. Savers are strategic

Successful savers didn’t get that way by being indiscriminate with their money. They understand the innate and intimate connections between time, labor, money and things, and they apply that knowledge in tactical ways.

Savers know that being a shrewd steward of money can gradually get you to the point where your assets do the work, and you reap the rewards. Isn’t being smart sexy?

5. Savers tend to be more self-reliant

Speaking broadly, saving and self-reliance tend to go hand in hand. Savers see the value in self-reliance, and they build the skills that help them keep expenses low.

From gardening to simple construction — and from basic car repair to sewing — savers quietly and confidently get it done, usually without taking out their wallets. What could be sexier?

6. Savers have something to teach

Collectively, these points show that savers have something important to teach. Modern life has created a dearth of good examples of personal financial restraint. We need folks who can save and manage money wisely, exercise a basic level of self-reliance, and use their resources to build wealth slowly and strategically.

Savers teach by the things they reject, as much as by what they embrace. Savers are quietly leading the way — and leaders have a certain appeal.

So, savers, come out from the shadows and strut your stuff. If you didn’t know it before, you do now: Your frugality and your financial sensibility make you sexy after all.

Do you think savers are sexier than big spenders? Why or why not? Sound off by commenting below or on our Facebook page.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: 8 Ways to Get Your FICO Score for Free

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 2,015 more deals!