Which spending style describes individuals who make purchases without planning?

The term that effectively describes individuals who make purchases without planning is "Impulse Spending." This concept refers to the behavior where consumers buy goods or services spontaneously, often driven by emotions or immediate desires rather than thoughtful consideration. Such spending can lead to unanticipated expenditures, which might compromise effective budgeting and financial planning.

This aligns closely with the characteristics of impulse spenders, who may act on whims, often without forethought regarding their financial status or the necessity of the items being purchased. The emotional aspect often plays a significant role, with these purchases typically being unplanned, leading to potential regret once the initial thrill of the purchase fades.

The other options convey different types of spending behaviors that do not emphasize lack of planning. Passive spenders tend to go along with recommendations or societal norms without active engagement, practical spenders focus on purchasing necessary items rather than non-essential ones, and frugal spenders prioritize saving and minimizing expenditures while making thoughtful choices about their purchases. Hence, they do not represent the spontaneous nature inherent to impulse spending.