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From: The Wall Street Journal

A Spendthrift 5-Year-Old? Researchers Say Yes

September 26, 2018
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For some people spending money is very stressful. For others, it’s fun—even therapeutic. Might children share these same tendencies?

Scholars use a scale to measure adults’ propensity to spend and save. On one end of the scale are tightwads, or people who feel distress when they spend money, and on the other end are spendthrifts, or people who spend a bit too freely. In the middle are unconflicted people who don’t have strong emotional reactions to either spending and saving.

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