Women and money management

[Becassine]

Reading the forum, it's clear that sometimes the way women are viewed differs greatly from one country to another. What is the position of women in budget management in your country in general? Are women interested in saving and investing? Have you tried to orange pill her? If not, why not? Why, statistically, are women less involved in finance/trading/banking?

[Russlenat]

Why, statistically, are women less involved in finance/trading/banking?

Because women aren’t natural risk-takers like men. Gambling is a clear way to measure who’s willing to take risks, and in general, there are far more male gamblers than female ones.

I think women are better at saving money, but they’re usually less interested in investing. That’s why men often take the lead in financial decision-making, which is why they’re called kings because they’re the ones who take the risks and make the big moves when it comes to finances.

[Alone055]

Women in our part of the world are more into managing household stuff than getting involved in finances and investments. However, that doesn't mean we don't ask them anything at all. For example, I work and earn money, and mainly, I'm the one who manages everything related to finances; however, I do consult with my wife with some things whenever I feel I should, and I value her input in things I consult with her.

Other than that, when it comes to making investments, trading, or doing anything related to increasing the finances or building for the future, women mostly stay out of it, also because they don't understand these things as much as we do because we have a mindset that works better with these things, and women are more into social stuff.

Some women are very good at saving money though, that's something we all can agree on.

[Stalker22]

When it comes to women and money and stuff like saving and investing, its kind of a mixed bag.  Some are totally into it and some couldnt care less, just like with dudes.  It really comes down to what someone is interested in, what their familys like and what they pick up along the way.  

And as for why theres maybe not as many ladies doing finance and all that, there is a bunch of reasons I guess and  partly its probably from being told as a kid that money stuff is for boys or whatever.  And some offices and companies can be pretty sexist and crappy to work at too.  Plus not everyones into finance anyway, girls or guys, and thats fine.

[Renampun]

this is a man's world, I think you've heard this song (It's a Man's Man's Man's World - James Brown)

Since ancient times, women have always been identified with taking care of the household and all the needs of their partners and children, so only a few women are given the freedom to work, whether in banks or other sectors.

I got teachings from my mother that a woman should be able to manage her partner's money well, but I was also lucky to get a partner who was smart at making money and was thrifty, but out there not all women are able to manage money, there are also many who live very wastefully and like to splurge.

Reading the forum, it's clear that sometimes the way women are viewed differs greatly from one country to another. What is the position of women in budget management in your country in general? Are women interested in saving and investing? Have you tried to orange pill her? If not, why not? Why, statistically, are women less involved in finance/trading/banking?

In my country, only a handful of women are able to have a career in the financial world and interest in bitcoin, of course they have already received approval from their partners to be on that path. Apart from that, in my country there are still many women who do not get good education about Bitcoin so they only choose gold or bank deposits.

[Stepstowealth]

Are women interested in saving and investing?

It is most likely not a general rule, but something that people have observed that women are more excited with spending than with keeping or saving money. The people who get excited by how much they can keep and save are men, and this is because of how much they spend daily. Women who are good in financial management are regarded as assets by their partners because they recognize that these women will help them build wealth.

Why, statistically, are women less involved in finance/trading/banking?

It is based on the responsibility that most of them have which does not involve providing for a family but managing what is being provided, and managing what is being provided involves spending and expenditure.

[letteredhub]

Women are unique creatures, and as wives they are a natural calculator managing whatever is out in their hands by the man to ensure that everyone of the household is satisfied. In the poll I ticked that I do everything with the involvement of my woman and that's because I found that each time we puts heads together there certain challenges that are handled faster and at ease than I singularly would have.

I don't agree with certain cultures that limits the ability of women in taking certain roles socioeconomically except for obvious reasons that are understandable. Hence, women can really know how to manage certain situations more than Manchester can by using her motherly gift in there.

[Ultegra134]

When it comes to women and money and stuff like saving and investing, its kind of a mixed bag.  Some are totally into it and some couldnt care less, just like with dudes.  It really comes down to what someone is interested in, what their familys like and what they pick up along the way.  

And as for why theres maybe not as many ladies doing finance and all that, there is a bunch of reasons I guess and  partly its probably from being told as a kid that money stuff is for boys or whatever.  And some offices and companies can be pretty sexist and crappy to work at too.  Plus not everyones into finance anyway, girls or guys, and thats fine.

I agree. I've encountered both, male or female sometimes doesn't matter. However, I do believe that women tend to be higher maintenance than men, they are more prone to fashion trends such as bags, clothing, shoes, nails, hair etc., which cost a significant amount of money. From my experience, I've mostly encountered women that were completely careless with their money, a lot more than I had noticed with male acquaintances, but there's always the possibility that this is coincidental. I do believe however that it's more likely to encounter in women.

On the other hand, from my perspective, men are more risk takers and are more likely to be involved in investing, and I have quite a few examples even from my close environment.

[Botnake]

Women are good in house keeping, as well as saving money. I think that’s actually the role of women, to monitor the finances and make sure everything is well put on its individual purposes. However, men provide money for the family, and they are more responsible on bigger expenses like purchasing properties, cars and building business. But if both men and women can work on financial management, the outcome would be much better. There will be more opportunities to increase and grow their money because both are actively focusing on their money expenses and savings.

[kotajikikox]

Reading the forum, it's clear that sometimes the way women are viewed differs greatly from one country to another. What is the position of women in budget management in your country in general? Are women interested in saving and investing?

This is such a general question. There are over 50 million women in my country roughly estimated of course some of them are bound to be a bit more reckless and careless when it comes to finance but some of them can surely be interested in saving and investing. A lot of the women in my country are businesswomen so I would not say that most are not interested.

Have you tried to orange pill her? If not, why not? Why, statistically, are women less involved in finance/trading/banking?

The wife understands it just fine even without having to orange pill her. There are many resources on the internet that she can turn to so I do not have to spoon feed every information.

[Negotiation]

Women are currently interested in saving and investing but they have been less involved in this area due to old social structures lack of education and economic inequality. This picture is changing over time and with increasing awareness In addition women often have family care responsibilities which prevents them from fully focusing on their careers. For family reasons many women prefer flexible work schedules or part time jobs which affects their financial progress women often face gender discrimination in fields such as finance trade and banking. Unequal opportunities in the workplace can reduce women's participation.

[Darker45]

My country remains largely traditional. However, many families have already gone past the old way of dividing roles-- the father/husband works to make money for the family while the wife/mother works at home taking care of the children and maintaining the house. Now, there are many families whose husband/father and wife/mother are both taking jobs.

But those with traditional setup usually have the wives managing finances of the household. That's understandable because she's the one who manages the household. The husband will give his salary for his wife to manage. If there are savings, that's usually discussed between them what to make of them.

I guess the reason why women are statistically less involved in finance/trading/banking is that many parts of the world have yet to develop. In developed and progressive countries, I think gender isn't a big factor in finance.

[Oshio-man]

We manage everything together, we use the same bank account which she cannot withdraw funds without my permission likewise me too and we are doing well financially, materially, we are planning to add crypto to our investment but she yet to accept because she don't have idea on crypto investment but I promise her that I will let her know anything she needs to know about crypto investment, we know that women can develop some funny behavior sometimes, that will lead to some issues that will break the marriage, but if you show her everything she needs to know,  both of you will have a progressive financial management, I'm talking from experience.

[Helena Yu]

Due to modern society, never expect anything from women.

Women are just an additional expense and increase your responsibility.

So, when we're single, we are responsible with our own life, parent and brothers/sisters, if you think having a partner will reduce your stress and make you better, it's very wrong. Having partner means you're increase your responsibility which make your life more complicated.

This mean, you must manage your money without consulting your wife.

Let's say you earn $5K and you commit to life with $1K because you're want to invest your $4K for brighter future. If you tell your wife you're only earn $1.2K, she will be grateful with the $1K you give to her.

But, if you admit you earn $5K and you only give her $1K, she will be angry because she will say you're stingy and not enjoying the life.

[cabron]

In poorer countries though women are better in managing budget in the households. They can limit the spending and save money for the future and although a husband can invest on something, both husband and wife has to decide for it as its both their money inside a family.

In the family its always the mother that sets the budget and how much is to be spent on food to last til the next payday.

[Agbe]

Let us start from the family before the country. When you meet a good woman that is good with financial management you will be very happy. She will plan everything well and good for you. And a good woman most good from home and when they got any public office to manage the finance, the can do well though they are some that is not good. In both genders there are good ones and bad ones.

[Frankolala]

Women don't have the broad knowledge and the wisdom on how to grow wealth and manage it. They all depend on a man to guide and direct them if not they will make the wrong decisions. This is why majority of them are more into spending than bringing money to the house. God created them to be dependent and a helper to a man. Women are weak in taking risk.

[Helena Yu]

Women don't have the broad knowledge and the wisdom on how to grow wealth and manage it. They all depend on a man to guide and direct them if not they will make the wrong decisions. This is why majority of them are more into spending than bringing money to the house. God created them to be dependent and a helper to a man. Women are weak in taking risk.

And IF, the women have broad knowledge, wisdom, can take risk and take action. Once they've have a good amount of investment or business which make them increase their living style, they will always say "I have money, I'm rich, I can do anything I want, I don't need men anymore".

That's why, women who're married mostly are low quality ones, hence it's better for men to manage the money, while high quality women are alone.

[SmartGold01]

Things differs as you said and of course as we know women are economical than men or in handling family affairs unlike. Most times there are some allocation that would come for the week or month it is in my position to know how to manage it so that i wouldn't run empty before the next week/month has to come. Now, talking about women general lifestyle; we have those that are flamboyant, living an impressive lifestyle or living so expensively, every one with the way they behave or acts towards their financial level. "NOT" all women that has that management skills just as some men does, most men can manage and handle things properly, while some can't so it's vise visa.

[Frankolala]

Women don't have the broad knowledge and the wisdom on how to grow wealth and manage it. They all depend on a man to guide and direct them if not they will make the wrong decisions. This is why majority of them are more into spending than bringing money to the house. God created them to be dependent and a helper to a man. Women are weak in taking risk.

And IF, the women have broad knowledge, wisdom, can take risk and take action. Once they've have a good amount of investment or business which make them increase their living style, they will always say "I have money, I'm rich, I can do anything I want, I don't need men anymore".

That's why, women who're married mostly are low quality ones, hence it's better for men to manage the money, while high quality women are alone.

A man cannot control such women and if it happens that you guys are married, she wouldn't be submissive. I have seen a woman, that got richer than her husband after some years of marriage. Pride took over her and she couldn't be submissive anymore to her husband. Later, she filed for a divorce after a lot of dramas of disrespect, because she feels that she has it all.