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6 reasons savers are sexier than spenders

They may not be as flashy or stylish, but they have a sex appeal that's all their own. Here are some reasons to give them a second look -- and maybe a wink.

By MSN Money Partner Dec 12, 2013 12:38PM

This post comes from Kentin Waits at partner site Money Talks News.

Money Talks News on MSN MoneyDoesn't it seem like spenders get a lot of good press? The woman with the flashy car, the guy with the obscene Rolex collection, the couple who leverage their McMansion to buy holiday gifts grab our attention and get the glossy spreads.

Woman © Purestock/SuperStockSavers, however, aren't media darlings. We're relegated to the back pages and labeled with less-than-flattering nouns like "tightwad," "penny pincher" or "miser."

And that sentiment carries over into everyday life. Savers are seldom seen as powerful, confident or sexy, and I think that's a big mistake.

All things being equal, here are just six reasons why savers are more attractive than their spendthrift peers:

1. Savers can seize the moment -- and the deal

Good deals come and go quickly. To take advantage of a red hot bargain, you've got to be ready and able. By living below their means, savers generate and bank a surplus each month. That capital can be used to seize and seal deals that might not be accessible to buyers with more sluggish personal economies.

Imagine hearing through the grapevine of a fixer-upper house in a prime location that's being offered at a bargain-basement price. What buyer do you think an impatient and off-site seller would choose -- the buyer with cash in hand who's ready to sign right after the inspection, or the one who needs to make a few calls, talk to their banker, and call in a few financial favors from Mom and Dad?

Admit it, there are few things sexier than a man or woman of action, the one with the knowledge and the means to make those large and small deals happen.

2. Savers aren't beholden to lenders

In some fashion, borrowers always answer to their lenders. And while there's nothing particularly wrong with strategic borrowing for investment purposes, as a lifestyle choice, borrowing and chronic debt sap our wealth and energy and can make life seem much more restricted.

Steering clear of huge debt loads and usurious interest rates, a saver is freer to make bold choices, reinvent a career, take some time off or follow a dream. That combination of flexibility and freedom is a rare quality these days and it can be a potently attractive one.

3. Savers swim against the tide

Few can argue that we live in strange times. Consumption has gone from being a national pastime to a national sport, with the bowl game of Black Friday getting bumped up a full day this year. Today, the economic challenges our nation faces aren't won by encouraging citizens to buckle down and save more; they're won by a collective effort to shop more, shop more often, and shop irresponsibly.

It's no wonder, then, that savers represent a new sort of pioneer who ignores what the neighbors are doing and rejects the flawed logic that spending more is always better. If you're a saver, you know what I mean: It takes a bit of confidence and comfort in your own skin to follow a different path.

4. Savers are strategic

Successful savers didn't get that way by being indiscriminate with their money. They understand the innate and intimate connections between time, labor, money and things, and they apply that knowledge in tactical ways.

Savers know the secret: If a person can invest enough time and labor and be a shrewd steward of the money that results from each, he can gradually reduce or completely replace his own exertion with "working" assets. Isn't being smart sexy?

5. Savers tend to be more self-reliant

Speaking broadly, saving and self-reliance tend to go hand in hand. Savers see the value in self-reliance and they build the skills that help them keep their expenses low. From gardening to simple construction and from basic car repair to sewing, savers quietly and confidently get it done -- usually without taking out their wallets. What could be sexier?

6. Savers have something to teach

Collectively, what these points show is that savers have something important to teach. Modern life has created a dearth of good examples of personal financial restraint -- folks who can save and manage money wisely, exercise a basic level of self-reliance, and use their resources to build wealth slowly and strategically instead of rushing out to buy every new bauble and bangle the moment their neighbors do or the minute it’s suggested by a TV commercial.

Almost by default, savers are teachers -- instructing others by what they reject as much as by what they embrace. And it's not just the next generation that can benefit from these lessons.

Without overselling my point, it's easy to see how our current limited resources, global economic uncertainty, and growing climate challenges all set the stage for a rediscovery of important truths about frugality and good stewardship, creative reuse, self-reliance, and smart money management. Savers, in their many shapes and sizes, are quietly leading the way -- and leaders have a certain appeal.

So, savers, come out from the shadows and strut your stuff. If you didn't know it before, you do now: Your frugality and your financial sensibility make you sexy after all. In a world filled with style over substance and flash over cash, you're a rare bird indeed.

Do you think savers are sexier than big spenders? Why or why not?

More on Money Talks News

Dec 12, 2013 1:55PM
This is the most hilarious article ever.  What makes this article hilarious is that it is exactly correct!!!  It is hilarious to watch thirty and forty something's girls who still think they are hot trying to land guys who  are savers-homeowners and are now able to spend a little bit because they are now in their late 30's and early forties....  These same guys who were in their early twenties who were saving and not driving fancy cars and spending their paychecks on drinks for women at fancy bars would never be given the time of day by these same women who are now clamoring for them.   Those men are now not giving them the time of day-or their 2 kids at home by their loser husband who drove a fancy car but is now broke with bad credit and has left them:)
Dec 12, 2013 3:35PM
This article appears to reflect the healthy attitude of someone who is a saver and doesn't feel intimidated or sheepish over their lifestyle.  Truth be told, "savers" are the real consumers of our society - they actually USE what they purchase.  They will tend to retain something tangible to show for money spent.  What they do is exchange one object of value for another object of value, be it a house, a car, or groceries.  They have substance - they're genuine - they are happy and satisfied with THEMSELVES.  What you see is what you get..  They feel `'fulfilled".

 "Spenders" on the other hand tend not to "consume", but "waste".  They live for the moment.  They are superficial, phonies.  They are insecure and insincere.  They seek to gain their self-worth from external, material imagery.  They want to create the "appearance of affluence, beauty, and charm.  However, they will change character like a chameleon changes color to meet the perceived need to fit the situation at the moment.  They live for the moment and not the future.  They buy and dispose/discard.  They have little or nothing of substance to show for their efforts except their "image". They are temporary, self-indulgent, self-gratifying, self-centered and insecure, empty shells of human beings.  They feel insatiably "empty".

If you are looking for someone who is stable, with some permanence, which would you prefer?

Dec 12, 2013 3:43PM
"So, savers, come out from the shadows and strut your stuff. Your frugality and your financial sensibility make you sexy after all."

Savers are comfortable with themselves and don't need to show off.  That's the spenders.

And showing off won't make you sexy, but a target for scammers, beggers, etc.
So-called friends will come to you every time they need money.  And if you help them out once, they think it's now your responsability to bail them out every time they need money.  If you don't, they'll invent some reason to be mad at you and try to lay a guilt trip on you.  Some friends, huh?
Dec 12, 2013 5:52PM

This is a very nicely written article that is "spot on".  Having always been a saver, I carry no debt on my balance sheet and really don't care how "flashy" spenders might be.  I am unimpressed by people putting on a "facade" of wealth when their bank owns everything. 


One point I might add as Item #7 is that as a saver, I don't feel any need to "keep up with the Joneses" and don't seek "validation" via homes/cars/material goods.  People are overly obsessed with their "FICO" scores as well.  This is because they need to borrow money constantly to maintain the "illusion".  FICO actually rewards this bad behavior by raising the credit scores of people with debt over others (like me) with with pristine balance sheets.  The whole FICO system rewards and encorages use of debt instruments and supports the credit card industry "scam"!!


FICO is a joke and we really need a new financial scoring system that rewards saving and discourages use of debt.

Dec 12, 2013 10:36PM
Kudos to the author, the content, and the message of "more is not better", making us savers sexy people.  30 years ago, I owned 3 properties, 2 which were rentals, and one that I lived in.  I had a lot of credit, but I had stretched myself so far, trying to make property payments, maintain a "Gold Amex card", and had a $30,000 credit limit on the card.  I had floated several different checks, some which bounced, which caused the bank not to loan me $500.00 for a short vacation with my two sons.  I walked out of that bank, yes, without the $500.00, and yes I had to break the news to my children that we could not go.  From that day forward, I began saving 10, 15,20, and sometimes 30% of my income each month, investing in index funds.  I sold all three properties, cut up all my 4 credit cards, and now am debt free except for my home (which I could pay off today).  I refuse any debt, drive a paid for 6 year old car, and have no plans to purchase another newer one until I retire, which I could do today, but just don't want to.  I also tithe 10% of my gross monthly income to a local church, and feel grateful to be able to do anything I want to do today.  I took 9 months off work recently, traveled some and visited my two wonderful sons and their families.  Come to think of it "I am feeling a little Sexier these days".  CASH IS KING, DEBT is DEATH.
Dec 16, 2013 10:22AM
Yeah, I'm really sexy when I whip out a 'buy one get one free' dinner coupon on a first date! That makes the lady's swoon! Yeah Baby, I'm your coupon Man. :)
Dec 12, 2013 3:55PM
"Managing your money wisely in your younger years, assures a comfortable life later on. It may not be sexy, but it's certainly smart !"

Wise doesn't mean tasteless. Buy correctly, wear it well, keep your charm high and your arrogance in check and maybe more than not... she'll pick that check up in appreciation for your company. You aren't doing it right if not. 
Dec 31, 2013 12:51PM
It is fun watching women as they get older and start to realize that the best guys are the ones they use to think of as losers.  The best part is they still think they can get away with DRAMA.  When the drama begins I enjoy walking away and seeing the surprised look on their face. 
Dec 15, 2013 12:24AM

This works both ways people.   Men like woman who know the value of a dollar also.   We know there are plenty of woman out there that will date you if they even think you have money.   In the end, it's about how you get along, and people that share values generally get along better than those who don't.    If you try to spend your way into a woman's heart, you should think twice about everything.  

I am not suggesting that you break out the 2 for 1 coupon on the first date, but if that is a deal breaker after a few, then it's time to move on.    A nice dinner, great conversation, and genuine attraction, should not depend on the price of the meal.

Dec 12, 2013 2:59PM
That guy that cleans drinking straws for reuse must be beating them off with a stick...
Dec 12, 2013 4:20PM

I save where I can but I would never call any of the activities connected with saving 'sexy' -- in fact,

most require unsexy exertion or work to materialize the savings. I clean the bathtub the old way,

on hands and knees, move the refrigerator once a year only to attack the dust build-up deposits,

plead and cuss the vacuum for connectivity positions that are difficult for arthritic hands.  Not

sexy, not sexy at all!  Is changing the bedding linens sexy? Yes, until the hour two and you're

still involved with the change when sexy is just too long to keep the changers interested.


Not all life must be sexy and certainly won't be, but that doesn't imply we stop performing

the activities of normal existence (as executed by normal doers) because they've lost


Dec 31, 2013 8:40PM
avatar can always tell who the good-time Charlies........................


They're the guys driving the luxury car - that is leased not owned. They don't have enough for the they lease.


They're the guys with the Rolex watches - that likely are fakes.


They're the big spenders at the bar or nightclub - they like to impress everyone while they spend $300 that night. The women are likely impressed also as they think he is loaded which is the illusion he hopes to create.


They have a need to make everyone think they are wealthy. The problem is that the car is impressive but their net worth is ZERO!!


The real rollers are the savers - they can discuss stocks, bonds, REITS, real estate, shorts, puts and how to put a business plan together to obtain a capital loan. These are the REAL men that make it happen!!


Real men are NOT showboats!!

Dec 31, 2013 10:11PM
I am a saver. Have zero debt to show for it. 3 cars, house, property to build another house on. I am "comfortable" and 56 years old. Let me play the devils advocate for a second. Perhaps the better way to go is to "retire" at 20. Go out, have fun, spend money, enjoy your youth to the fullest. You will never feel better, stronger or more confident. When you have had your fill realize that you will now work until you die. But man what a ride and what memories.....
Dec 12, 2013 2:00PM
Try to get a woman if you`re cheap.LOL.
Dec 12, 2013 5:51PM

DLH:I leave for a few hours and you Repubs rag on me.You`re hurting my feelings.Oh, I

forgot,Repubs don`t care about people.We`re here to fight the rich people`s wars.It`s only

Dems who care about people.

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