The possessions people value most say a great deal about the kind of person they are. This study examines the differences between gender and their most valued possessions, and the relationship between consumption patterns and personal identity. The salient results and suggestions for further research emphasize the relevance of the findings of this study, and the possible areas that could be expanded on in future research. The reasons for which people value their most treasured possessions were found to indicate that women were more likely to value things which enhanced their appearance or symbolised close personal relationships. Men tend to value things related to a recreational passion, or objects which are of a practical nature. It also emerged that there was a relationship between people’s personal identity and spending money in areas of consumption which nurtured those particular identity factors.