Individuals who shop purely to meet their needs are known as what type of spenders?

Individuals who shop purely to meet their needs are known as utilitarian spenders. This type of spender focuses on purchases that serve a practical purpose rather than emotional or recreational motivations. They prioritize functionality and value in transactions, seeking out products or services that directly satisfy their immediate requirements without the influence of emotional desires or social pressures.

In contrast, recreational spenders engage in shopping for enjoyment or leisure. They often derive emotional satisfaction from buying and may be influenced by trends or social status. Avoidance spenders may shop to distract themselves from negative feelings or to cope with stress, while esteem spenders often shop to enhance their self-image or status, seeking validation through material possessions. The distinction lies in the intent and motivation behind spending, with utilitarian spenders remaining focused on necessity and practicality.