What characteristic defines Passive Spenders?

Passive spenders are characterized by their tendency to make purchases without giving them much thought. This behavior reflects a lack of engagement in the shopping process; instead of actively seeking deals or considering options, passive spenders typically go along with their impulses or needs, making decisions on the fly. This can lead to purchases that are not well thought out or aligned with a budget or financial goals.

In contrast, other characteristics associated with different spending behaviors highlight a more intentional approach to spending, such as diligently comparing prices before making a decision or planning all purchases in advance. These behaviors indicate a more active engagement in financial decision-making, which is not a trait of passive spenders. Additionally, the purchase of high-end luxury items for status aligns more with consumers who are motivated by social influence and the need for status, rather than the nonchalant attitude that defines passive spending.