We must agree that saving can be difficult for some people and comes naturally to some other people. People have different attitudes towards saving. Some might see it as a necessity and, others, not necessary. We are going to be discussing different types of savers we have, which includes:
- Born savers
- Occasional savers
- Investment savers
- Save and spend
- Indabosky Pahose
These types of savers will be explained below:
Born savers
Saving is inherent in this set of people to save. They already started saving even from their mother’s womb. They keep every pocket money that is given to them right from childhood. It’s natural for them to keep any spare cash they receive. They take saving as a priority and plan for anything they want to buy. They are not spontaneous buyers or spenders and will not buy what they didn’t plan for. They might come off as stingy to some people because they don’t spend unnecessarily. They are more likely to meet their savings goal than any other type of saver.
Occasional savers
This set of people only remember to save when it’s important to them or have a goal to achieve. They might decide to start saving towards a house they want to buy or a car. It could also be for an upcoming project. They think about saving up something in their head, but they do little or nothing about it. They are not strict about saving and, it only comes to mind as an afterthought. They save only when it is important and necessary to do so.
Investment savers
This set of people save extensively and think widely. They don’t believe it’s reasonable to leave their money sitting pretty in a bank account that yields little interest. They are risk-takers and put their eggs in different baskets which, they feel will bring high returns. They put in money anywhere that would yield them huge returns. They are likely to reach their savings goal because they have lots of investments and, returns coming in from different sources. Due to the fact that they take risks, they can also run into loss in some situations.
Save and Spend
This set of people are less likely to achieve their saving goals. They are not disciplined and committed to a savings goal. They are usually quick to save 80% of their money but end up withdrawing almost all of it because they don’t have enough money to take care of their needs. They don’t have a set-out plan and, so they end up spending more than they need. They are spontaneous spenders and buy anything they want as far as the money is available (including their savings). They see their savings as a monthly reserve that they can spend at will.
Indabosky Pahose
This set of people don’t have savings in their dictionary. They believe that money should be spent and not kept. Saving is the last thing on their mind. They are quick to buy things they didn’t plan for. They don’t live on a budget and spend as the spirit leads. They might come off as free givers because of their lavish spending habits.
Conclusion
Irrespective of the kind of saver you are, dodopay has a savings option that suits your saving habit. It has flexible features and encourages savings. You also get 22% interest per annum when you save with the app.
