Credit card spending habits influenced by star sign

New research by the credit reference agency Equifax has shown that your star sign could have some impact on your spending habits.

It is thought that Capricorns are the worst for owing over £5,000 and they are the most likely to struggle to pay the debt back if they are out of work for a month. If you are a Libra you are also likely to be one of the least star signs likely to pay back more than the minimum monthly repayments on any overdue credit card balances. You will also be less likely to save money than any of the other signs too.

Although Capricorns tend to be worse for owing over £5,000 in personal credit, Virgos tend to be paying their overdue balance off the longest. This means that they are in debt more long term than any of the other signs whilst on the other hand; if your star sign is Cancer you are more likely to pay off your balance in full. You are also less likely to get into any debt on your card at all.

The best star sign for not getting into debt however is Aries, although they do not like to risk any of their money in investment schemes.

Overall the survey was supposed to be a light hearted bit of research but it just goes to show that every star sign (apart from Aries apparently!), needs to look after their money. So, whether you believe the research or not, it is important to save as much money as you possibly can each month, pay off all of your overdue balance and finally, pay off more than the minimum each month.