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Study: Savers are more attractive than spenders

Looking for a date? Try penny pinching.

By Kristin Wong Aug 21, 2013 7:03PM

Man and woman cycling // Sam Edwards/Getty Images Good news for frugal singles: A new study finds that savers have sex appeal.

The study comes from the University of Michigan’s Ross School of Business. In a paper titled, “A Penny Saved Is a Partner Earned: The Romantic Appeal of Savers," researchers explain that savers are perceived as having more self-control and discipline. The theory is that self-control also implies commitment and loyalty.

MSN Living: 10 great money-saving websites

Singles who have it together may also be perceived as more attractive because they have the discipline to take care of their hygiene and appearance, the paper explains. 

Researchers conducted a series of experiments that involved asking volunteers to rate the attractiveness of potential dates. Indeed, savers were “viewed as possessing greater general self-control, which increases their romantic and physical attractiveness.” 

That is, as long as the penny-pinching didn’t tread “Extreme Cheapskates“ territory.

MSN Living: Mom's money saving tips

Similarly, in 2010, eHarmony studied millions of matches and found that singles who described themselves as frugal received 25 percent more online messages than those who said they were spenders.

What do you think? When it comes to dating, is frugality an attractive trait?

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20Comments
Aug 28, 2013 5:59AM
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So called "pretty people" save money? really? so hot shot Hollywood actors and singers who are so called "hot" they file bankruptcy even after becoming rich...sooooo id say the story is a sham.
Aug 28, 2013 1:04AM
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Savers are more attractive then Spenders because....
Spenders are spending all their money on the Savers...
Aug 27, 2013 10:40PM
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let me rephrase that for you: attractive people, on average, get better paying jobs and make more money, and thus have more money TO save.

Aug 27, 2013 9:22PM
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"Singles who have it together may also be perceived as more attractive because they have the discipline to take care of their hygiene and appearance, the paper explains."

Or, it could be, that people that make more money are able to save more and spend more on their appearance. In other words, rich people are more attractive than poor people.
Aug 27, 2013 9:13PM
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Go figure. I ought to be very attractive. I make 45k a year, single never married no kids, no debt except a car payment and living expenses. One expensive hobby (motorcycles) that I pay cash for and MAKE money on.

Aug 27, 2013 6:49PM
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Courtship and dating will have definite costs, regardless.

A spouse who is Smart with money (not parsimonious, but wise with spending) is certainly a good catch.  They can look good and have fun on a budget!

Many people with low self esteem will buy designer items, expensive cars, etc. - these are the people to drop like a bad habit. They might also gamble and throw money around like it was so easy for them to get (it usually is difficult for them, as they are putting up a front of "wealth"). Low self esteem is the cause of many ills of society.

Truly getting to know someone prior to marriage is KEY!!!  ....marriage is easy, but divorce is HARD!!!! 

Aug 27, 2013 3:41PM
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Men should avoid dating women who are high maintenance, have to shop for clothes all the time & go to salons every week. These kind of women will wreak havoc on your finances, especially if you marry them. Instead, look for a woman who enjoys life but also is careful with money. If a woman needs designer clothes to feel good about herself, she probably has a low self esteem.
Aug 27, 2013 3:24PM
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 I am just an average Joe. In fact I have always been told I was on the ugly side.  I was married two times. Before I  married  had a paid off house.  Both women attractive ones.  Both spent me into debt.  Now I am about to achieve paying off yet another house.  Guess this means I stay single or find some peace knowing that all these article are just for amusement as there is no fact in reality in them. 

 

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