Are You a Spender or Saver?

Kelli Fox

Are you a spender or saver? How does your Sun Sign influence your spending and saving habits? Find out if you are likely to jump on the financial bandwagon and invest with the masses or if you will go it alone and devise your own money-making strategies. Your sign will also reveal how you feeling about putting money away for the future or just a rainy day.

Aries (March 20th - April 19th)

Money burns a hole in your pocket, doesn’t it, Aries? When you were little, you probably spent your allowance almost as soon as you earned it. The idea of saving for something special was a foreign concept, and maybe it still is — at least, until you’re ready for a grown-up toy.

You tend to be impulsive with your cash, and prefer to experiment with different types of savings and investment strategies rather than sticking with one that’s tried and true. Still, debt can snowball, so be careful, because it really limits your freedom. Since you’re more about instant gratification than long-term security, your best bet might be stashing your cash in short-term, high-yield accounts.

Taurus (April 20th - May 20th)

Good food, stylish clothes and fine furniture — these kinds of things don’t come cheaply, especially for someone like you who spares no expense. Of course, you have a little secret: your skill at bargain-hunting means your possessions look more expensive than they actually are. Even so, a reliable income is a must for you, as is a budget with some extra room for lining your nest egg. As much as you enjoy your creature comforts in the moment, you’re also conscious of the future. Setting aside funds for savings or retirement requires both planning and sacrifice, so it’s a good thing you’re willing to do what it takes to support a life of luxury.

Gemini (May 21st - June 20th)

You like playing with money, Gemini, whether that means jingling the change in your pocket, collecting coins, or even being a swing or day trader. Since you aren’t emotionally attached to money, you can take a more cerebral, informed approach to managing your assets. And with your love of variety, you’re a master at diversification, with a wide-reaching portfolio. However, you can sometimes be impulsive with your cash, which may lead you to bail out of investments too early, before they’ve had a chance to mature. This makes you an excellent candidate for an automatic investment plan, so your savings can accrue over time without your direct input or attention.

Cancer (June 21st - July 21st)

You’re a sweet, kind and giving person, but you still manage to keep a firm grip on your money. You’re more than willing to set funds aside in order to ensure a secure tomorrow. In fact, your entire financial-planning strategy is built around protecting your assets — even when an opportunity arises with great potential for high returns. This makes you a risk-averse investor. When it comes to finding companies you’d like to invest in, you dig into the historical data. Tradition means a lot to you, so you prefer older, well-established businesses with a proven track record. You can also do very well in real estate.

Leo (July 22nd - August 21st)

You want nothing but the best, a preference that is reflected in your car, home and wardrobe. Plus, you love treating yourself. But style doesn’t come cheaply. In the best-case scenario, you have a steady, comfortable income that supports your inner child as well as your yen for retail therapy. As for the future, well, you probably know you should be saving up for the proverbial rainy day, but somehow momentary demands or desires drown out any major concerns about the future. Still, you should be responsible. Honor yourself by contributing as much as you can to your savings and retirement accounts, even if it means denying yourself a few personal indulgences.

Virgo (August 22nd - September 21st)

You’re fastidious with your money. You balance your checkbook carefully, you pay your bills on time — in fact you can probably account for every penny you spend. You plan your purchases and meticulously track the returns on your investments. But you’re so busy with details that you might miss the big picture altogether. Still, that’s easy enough to remedy: just channel your principled, idealistic nature into your investment strategy. Lend your financial support to environmental companies or alternative health concerns — businesses that promote your ideals. Just don’t be so timid that you end up chasing the market. You’ve done your homework, so you can be confident in your choices.

Libra (September 22nd - October 22nd)

You’re one of those fortunate people who seem to attract money almost effortlessly. Of course, you’ll experience periods of financial instability, but your natural urge for balance ensures that sooner or later, you’ll achieve a steady, solid financial situation. You understand intuitively that money likes to grow, so investing is right up your alley. Do your homework and make informed decisions — and then don’t second-guess yourself! Sometimes you’re too easily swayed by other people, whether that’s your stock broker, a newspaper columnist or just a persuasive friend. But relying too heavily on others’ cues can lead to coattail investing or chasing the market. Learn to make decisive financial moves and stick to them.

Scorpio (October 23rd - November 21st)

If anyone can make money in the stock market, it’s you. For one thing, you don’t scrimp on research. In addition to arming yourself with information, you possess a deeply intuitive understanding of the natural ebb and flow of finances, not to mention the pulse of the public. By tapping into these instincts, you can play the market to your advantage. For instance, you may be a master at shorting the market. This risky strategy demands fearlessness and a sharp sense of timing, both of which are your fortes. You also have a nose for promising businesses and opportunities, yet you understand risk management, and your innate cautiousness helps protect you from foolish investments.

Sagittarius (November 22nd - December 20th)

You can spend like there’s no tomorrow, Sagittarius, and yet you’re future focused, so you also want to save and grow your money. And your investment horizon is quite a bit broader than most people’s: you aren’t afraid to look far afield for interesting investment opportunities, whether that means international diversification or simply putting your faith, along with some cash, into future-forward companies. You have your principles, after all, and you have no trouble putting your money where your mouth is. Most of all, your optimism about financial growth nearly ensures long-term financial success — as long as you don’t get carried away with fantastic speculation, risky balloon payments or nefarious variable-rate loans.

Capricorn (December 21st - January 18th)

You manage your money the way a captain might govern their ship: your journey is plotted out well in advance, and you have maps, guides and tools to help you stay the course. You steer by experience, as well as by following both natural guideposts and the wisdom of your predecessors.

You guard your resources carefully and are quite frugal in doling them out, because you want them to last as long as possible. With your prudent investment strategies, your assets might grow slowly, but they could appreciate quite handsomely over time — especially if you get started young. Considering how serious you are about success, that’s a distinct possibility.

Aquarius (January 19th - February 17th)

An investment club might be right up your alley, since you function well in organizations and you’re a great facilitator. You can easily pull your weight when it comes to researching and analyzing complex data. And you’re willing to take an educated gamble, especially when the risk is spread out over several individuals.

A structure in which everyone shares both the pain and the gain could be perfect for you! Still, you aren’t likely to sink all your assets into just one strategy. You know enough to keep plenty of cash on hand as well as some tucked away in savings and retirement accounts, and tech stocks might really appeal to you as well.

Pisces (February 18th - March 19th)

You’re a passive investor at best, you might even fantasize about money flowing your way without any real work or interaction on your part. The problem is, your wishful thinking can act as a blinder in real life, preventing you from seeing the reality of your situation. You might take investment cues from people you think you can trust instead of determining your own course.

You might also have money hidden away in some secret location that only you know about. A few words of caution are in order: be sure that your financial affairs are legal and above board. Avoid even the appearance of wrongdoing. And if you suffer from compulsive spending habits, don’t hesitate to get help.

The Astrologer

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