Evolving Personal Finance » Entries tagged with "academic paper"
Are You a Tightwad, a Spendthrift, or Unconflicted?
Yes, there is an academic definition! Rick, Cryder, and Loewenstein developed the Tightwad-Spendthrift scale, published in 2008 in the Journal of Consumer Research. I came across it when reading a paper investigating the connection between spendthrift/tightwad disparities in spouses and marital satisfaction (more on that later). I gave myself the test and I want you to take it, too! From the appendix of “Tightwads and Spendthrifts”, here is the (adapted) Spendthrift-Tightwad Scale: 1. Which of the following … Read entire article »
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