How people tackle their finances can vary but, according to new research from PYMNTS, there are two ways that are most common.
PYMNTS found just 40% of American consumers are “planners,” meaning their strategy for money had more foresight.
That figure has gone down compared to the roughly half who tackled their personal finances that way in February of last year, according to the outlet.
Meanwhile, for 60% of consumers, financial matters are dealt with as they come, earning them the moniker “reactors,” PYMNTS reported.
For the former, they tended to have at least $2,500 saved and keep their credit card balances below $2,000 on average, as well as...
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