One person, for example, might think, “I grew up with almost nothing, so I’m going to save as much as possible and never want for money,” while the other person could think “I grew up with almost nothing, so I’m going to enjoy the money I earn now.”
1. The Spender (seen unfavorably by their contrary partner as a “spendthrift.” “squanderer,” or “compulsive shopper”). Money is an invaluable commodity. It can be used in a multitude of ways to increase personal welfare, satisfaction, pleasure, excitement, joy, contentment, and so on. Exchanged for the right goods and services—and/or given as gifts—it contributes to one’s security, independence, happiness and well-being. Moreover, it’s a great advantage to have enough money (or credit) such that one doesn’t have to be preoccupied with how much something costs. One can simply buy whatever one most desires, and so derive maximum gratification from it. In short, the value of money emanates precisely from its “spendability.”
2. The Saver (seen unfavorably by their contrary partner as a “cheapskate,” “tightwad,” “hoarder,” or even “miser”). Money is an invaluable commodity. In fact, It’s so valuable that it ought to be cherished, held in the highest esteem—and coveted. For if it’s scrupulously safeguarded, it offers a person a most gratifying sense of accomplishment, stability, power and control. It’s actually best not to spend money at all but to conscientiously invest it—to protect it (or “grow” it) all the more. And because money is so precious, when it’s spent it ought to be done with utmost circumspection. So gratuitous, frivolous, lavish or extravagant purchases cannot be justified—and ought to be rigorously avoided. Additionally, wasteful, self-indulgent expenditures should be kept under strict control. Rather, money needs to be handled “wisely” (i.e., with great discretion and restraint). Moreover, having or achieving considerable wealth hardly constitutes sufficient reason to be profligate about one’s finances. For regardless of material circumstances, money is something to hang on to. In sum (no pun intended), the value of money lies not in spending it, but saving it.