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  • [QUIZ] What Your Favorite Food Says About Your Money Spending Habits

    08 July 2021


    What Your Favorite Food Says About Your Money Spending Habits

    Each person has a unique relationship with food. Some people love the freshness and zest of Asian dishes, while others go for hearty Western meals. While your mom's homemade classics or that rib-eye steak from your favorite restaurant can determine your tastes, your food preferences can also dictate a lot about who you are, especially how you spend.

    Your personality and interests greatly define the things you spend on. Since food is something you purchase daily, looking at the dishes you are most likely to buy will give you a better idea of your relationship with money.

    If you want to better manage your finances, take this quiz to learn what your favorite food says about your spending habits!

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    1. What's the dominant taste you want in your food?


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    2. In a three-course meal, what's your favorite part? 


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    3. When you're eating out, what is your usual food price point?


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    4. What's your favorite meal of the day? 


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    5. If you were out for Sunday lunch, which cuisine were you most likely to choose?


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    6. Let's settle the debate once and for all. Does pineapple go on pizza?


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    7. Special types of food (like steak and other similar dishes) are eaten… 


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    8. When it comes to your everyday meals, what do you prefer the most?


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    9. If you were to cook fish, what would be your chosen method?


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    10. Do you like to enjoy your food alone or with others?


    Savers

    Common Favorite Foods

    (1) Fried chicken Hamburger and fries Donuts

    "You usually crave fried chicken, hamburger, fries, and donuts!"

    Types of Money Spenders

    Savers

    If these are your favorite food, then you're a Saver!

    Savers prioritize their finances more than anything else. Instead of following trends, their frugal nature reminds them to spend realistically. Ultimately, they get more satisfaction from saving up than purchasing something new.

    Combination of Savers and Budgeters

    Common Favorite Foods

    Ties

    "Your favorite food depends on what you are craving for on the day."

    Types of Money Spenders

    Combination of Savers and Budgeters

    Those that possess the characteristics of Savers and Budgeters are known to be great investors. They're highly aware of their financial situation, allowing them to make sound decisions with their savings. They only spend on what's necessary or assets that will give them adequate returns. 

    Budgeters

    Common Favorite Foods

    (2) Pizza Pasta Tacos

    "You usually go for pizza, pasta, and tacos any time and any day!"

    Types of Money Spenders

    Budgeters

    If these are your favorite food, then you're a Budgeter!

    Budgeters are somewhat conservative but aren't afraid to spend. They like to get their money's worth, even if it means shelling out more than usual. While saving up is important, budgeters make it a point to spoil themselves from time to time.

    Combination of Savers and Big Spenders

    Common Favorite Foods

    "Your favorite food depends on what you are craving for on the day."

    Types of Money Spenders

    Combination of Savers and Big Spenders

    Some Savers are known to be Big Spenders as well. These people religiously track their finances but also gain satisfaction from acquiring new possessions. People in this group won't spend small amounts frequently, but they're likely to make big purchases from time to time.

    Combination of Budgeters and Big Spenders

    Common Favorite Foods

    "Your favorite food depends on what you are craving for on the day."

    Types of Money Spenders

    Combination of Budgeters and Big Spenders

    People who have the characteristics of Budgeters and Big Spenders are known to love shopping. People in this group love to buy new things, but they also know when it's time to stop. Whenever there's an online sale, they calculate how their savings are doing and start filling up their carts afterward.

    Big Spenders

    Common Favorite Foods

    (3) Steak Caviar Sushi

    "You usually look for steak, caviar, and sushi!"

    Types of Money Spenders

    Big Spenders

    If these are your favorite food, then you're a Big Spender!

    Big spenders need no explanation. These are the people who are always looking to make a statement with their possessions. They make it a point to own the best cars, latest gadgets, and trendiest clothes.

    Build a Healthy Relationship with Food and Money

    Your relationship with food is important for several reasons. Other than defining your health in the long run, it also gives you a clearer picture of your spending habits. While there's no perfect approach to financial management, failing to address destructive tendencies will be harmful in the future.

    Being too conservative with your savings can cause you to miss out on big opportunities and simple joys. On the other hand, purchasing things without caution may cause you to walk on a financial tightrope. Fortunately, solving these issues can be done with some reflection. The self-awareness you've gained from this quiz can be used to improve the way you handle your finances.

    As you make the necessary adjustments, the next thing you should do is to build a strong investment portfolio. If you're looking to gain the necessary health coverages for yourself and your loved ones, acquiring a wellness plan will enable you to secure a better future.

    Interested? Set a virtual appointment with one of our Bancassurance Sales Executives to learn more.

    Did you know?

    You can buy a life insurance at any BPI branch nationwide! Talk to a bancassurance sales executive now!

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    Critical Care Max will help you make more memories by providing financial aid during the early stages of a critical illness. This unit-linked life and health insurance plan offers assistance on your recovery. You can build a health fund that grows over time, depending on your chosen investment, to pay for other medical costs.

     

    In addition, it comes with a hospital confinement benefit that will replace lost income due to hospitalization. This daily cash benefit may also come with optional benefits like cash payout for surgery-related expenses, allowance for consultation fees, and many others.

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    Let your loved ones enjoy the fruits of your labor even when you’re no longer around. Build Estate Plus is a unit-linked protection plan that will cover your estate taxes after your passing so that you can ease your family’s burden.

    It doubles as an investment savings fund that builds Account Value as you pay. It is also integrated with AIA Vitality that provides additional upfront coverage of 20% to your policy and add-ons.

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    Health

    Be in good hands in times of sickness. Let Critical Care Plus, a unit-linked health and life insurance plan, take care of you with financial aid in case of a major illness, so you can focus on getting better and spending more time with your loved ones.

     

    It even gives you more benefits for having good health through the AIA Vitality program that adds 20% upfront coverage and supplemental benefits on your policy. 

     

     

    Philam Life Vitality
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