Ask yourself, are you impatient? Do you fail to stick to your plans and New Year resolutions? Do you worry about your social status and public image? Are you a spender or a saver? If your answer to the first three questions is yes, then it is more likely that your answer to the last question would be a spender. Here, a spender refers to a person who overspends today, which may have adverse long-term consequences on their material well being, and hence their welfare.