Which financial personality type best describes you?

What type of saver or spender are you? According to a new survey by HSBC UK, in partnership with Yougov, who quizzed people on how they handle their finances, there are eight different fiscal personality types.

Our guide will determine whether you’re a big spender or a penny pincher, as well as letting you know the percentage of people in the UK who are in the same boat. Plus, we offer tips on how to manage your finances.

1. Driven achiever ( 15%)

You feel you know what you’re doing when it comes to managing money. You’re comfortable pushing your financial boundaries if you think there’s going to be a pay- off.

Tips: People in this group tend to swap shopping habits based on speed and convenience. Try buying food online so you can save by planning meals.

2. Self- sufficient spender ( 14%)

You’re confident, independent in spirit and like to make life as easy as possible. You’re not flashy but quality matters and you like to live life your way.

Tips: You like to be loyal, but shop around to shave money off your bills.

3. Skilled saver ( 10%)

You keep a tight rein on your finances and strict budgeting means you always stay on track. Your resourceful nature means that nothing goes to waste and you live within your means.

Tips: Skilled savers hate wasting money. So while you may not want to throw out your old sofa just yet, try freshening its appearance up with new cushions or a throw. Also, as you love a bargain, try hunting around for discount vouchers if you’re planning a meal out. 4. Trend spender ( 16%)

You’re ruled by your heart and aren’t scared of stretching your finances as long as you can maintain your lifestyle. If you see it, you want it.

Tips: Try giving yourself a few days’ breathing space after seeing something you like. That way, if you’re still thinking about it, you know it’s a considered decision. You love to pile up your shopping basket – but pop to the supermarket just before it closes to see if they’ve reduced any prices.

5. Sensible sage ( 15%)

“Save now to spend later” is your motto. You see no point getting into debt unless you can pay it off every month. Bargains and deals matter.

Tips: If you’re catching up with friends, look for local free attractions or pop- up food stalls that may offer great- quality food at a fraction of the cost. 6. Budget guru ( 7%)

Your discipline is the envy of friends. Tips: You may have firm habits – but try challenging yourself to try a new hobby. This group also tends to borrow more money than other personality types to pay for essentials, which is something budget gurus may want to address. 7. Spontaneous spender ( 9%)

If it’s a choice of staying in to save money or going out to the latest restaurant you’ll do the latter.

Tips: Try planning, such as making a shopping list before going out.

8. Controlled saver ( 14%)

You’re cautious about any financial risk. Tips: Boost your savings by selling unwanted goods online before buying something new.