Guess which gender spends more on impulse
You make lists, clip coupons and comparison shop on the Internet – and yet, you still can’t resist the urge to splurge. You’re not alone.
Three out of four adults in this country make impulse purchases, according to a new survey by CreditCards.com. And in many cases, these unplanned purchases are real budget busters.
MIKE SEGAR / Reuters
Nearly one in three (16 percent) of the impulse buyers in this survey said they had spent $500 or more on such a purchase, 10 percent spent $1,000 or more.
Why do we do this?
Respondents said they typically buy impulsively when they are excited, bored or sad. The survey showed gender may also play a role.
“We found that men and women impulse shop about the same amount, but the way they feel and how much they spend when they do it are different,” said CreditCards.com senior analyst Matt Schulz.