Prestige ShopperTo you, the most important part of shopping is acquiring name-brand items. Sometimes paying a higher price makes the item even more attractive because you think it shows status. You may save money by asking yourself if the item is truly worth the extra money or if you are simply paying for a brand name. Sometimes higher-priced items are worth the cost, and sometimes they are not. Money is the way to reach many goals. Does this buying style help you achieve what is important to you? If you are spending all of your money on designer clothes and fancy meals, you may end up in debt down the line. Close Window |
Mall RatThe term "mall rat" became popular in the early 1990s. It's a young person who spends considerable time wandering around in malls with friends. As a shopping style, the mall rat has similar characteristics. Mall rats take their time in stores, and usually shop with friends. Retailers like both characteristics. The longer you spend in a store, the more likely you'll buy. And friends only add to the pressure to purchase. Mall rats also love to touch and feel. But, if you can sample something, you're going to be compelled to buy it. If you love to shop and you love to do it in large groups, your best bet is to be very cautious before you make any purchase. If you see something you must have, go home, sleep on it, and come back alone the next day. Is it still a must-have? Close Window |
Impulse ShopperAs an impulse shopper, your purchases are often a result of your mood. Buying things temporarily lifts your spirits. Marketers' research has shown that the ends of aisles and checkout counter racks are prime locations for certain products. They know that impulse shoppers often purchase these items—which are usually related to self-image—on a whim. You will benefit from walking away from items that you had no intention of buying when you entered the store. Think about whether you really want to spend your money on these products. If the answer is yes, return to the store and make the purchase. Close Window |
Bargain HunterYou love a sale. In fact, you are willing to comparison shop and find the best deals on everything. This is a healthy way to spend money. Make sure that you put some of your extra cash into a savings account to help you reach your long-term goals. On the down side, you may end up spending unnecessary time looking for the best price. Try to improve your product research skills with online information and recommendations from a reliable friend. Find the best deal before you hop in the car and burn gas driving to stores to compare prices. Close Window |

















Prestige Shopper
Mall Rat
Impulse Shopper
Bargain Hunter

Summit
What makes credit unions so great? Members like you.
Every dollar you invest in your credit union earns you money while other members borrow it.
When you're ready for a loan, other members' savings will be there to help you out at the lowest possible cost.