By: Luis Diaz
By: Luis Diaz
A LendingTree study revealed that a sector of Americans base their financial decisions on horoscopes. LendingTree surveyed 2, astrology-based money advice .
The personal finance expert firm too analyzed more than 90, 000 Random LendingTree account holder credit reports to see how citizens manage money based on their astrological signs.
Around 63. 4% of Americans follow astrology and 1 in 5, representing the 19. 2%, have made a monetary decision based on their horoscope, according to LendingTree .
Saving extra money was the best decision monetary for 42. 1% of those consulted, compared to those believers of horoscopes, who said they had taken a decision after reading about their astrological sign .
The study detailed that other money decisions have included splurges on a list of wishes, purchase or sale of shares, change of job, negotiation of wages, indebtedness, beginning of a secondary activity, purchase or sale of a car, purchase or sale of a house or something else.
The LendingTree survey continued and found that women follow astrology more than men with a 78, 2% versus a 47, 6%, respectively.
Millennials among the ages of 30 years and 40 years are the biggest believers in the horoscope who have made financial decisions based on astrology readings.
Three out of 10 millennials, resperentanel 30. 1%, have taken a a monetary decision based on horoscopes versus 24. 1% of the Generation Z, who have an age range between 18 years and 24 years, the 18. 1% of Gen X, 41 years to 55 years and 3.7 % of baby boomers, from 56 years to 75 years.
LendingTree does not recommend that people base their financial decisions on horoscopes, but the personal finance site did analyze respondents and user base to collect information on how people approach money according to the signs of the zodiac.
According to their survey, Capricorns are savers and “the best at budgeting”, Virgos are wasteful, Geminis are risky investors, Aries are conservative investors. In other words, Taurus are the “worst at sticking to budgets”, Cancerians are the most stressed about money, and Sagittarians are the least stressed about money. money .
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