Women and money management

[Cryptohygenic]

From what I see around myself in middle class families, women usually get monthly allowance from their husbands to manage household.

But, I think women do save, my mother used to have piggybank and she used to regularly save in it (she doesn't do that anymore though), while my grandmother also had savings which we only realized after she died.

Yes when talk about household responsibilities it seems perfected as women office that is why they are not weird about doing the house chores but will always seem a huge stress for the man.
Women are more concious of expenses especially in a family where the money is no flowing enough to afford the family needs. They are either good on spending on essential needs while the men feel careless and will spend recklessly.
Women knows how to utilize little amount of funds to buy goods that a man would question how possible?. That is because they are very good in negotiating prices and can reduce expense to save for the future while the men spends extraordinarily.

[Porfirii]

"We manage everything together" is the most popular option by far. Well, it could have been worse .

I guess that there must be a balance in every couple, or at least that it is the best way to live together, although it depends not only on different cultures from country to country, but on each specific idiosyncrasy.

Answering the question about trying to orange pill my partner, I'm afraid that I've tried it for years now, unsuccessfully. As long as I'm free to do it myself, it's good enough.

[Victorybit1]

Back then people used to tag women as weak and independent, some even say they don't work hard enough but modern women now are goal getters, they know what they want and they are chasing it unapologetically, these women are now everywhere, real estate, forex, crypto and so on. There are women that make 6 figures monthly from their social media platforms. They don't just make these money and spend wrecklessly, instead they utilize what they have effectively and create more streams of income for themselves, this is quite impressive if you ask me.

[MarjorieZimmermanGinger]

Back then people used to tag women as weak and independent, some even say they don't work hard enough but modern women now are goal getters, they know what they want and they are chasing it unapologetically, these women are now everywhere, real estate, forex, crypto and so on. There are women that make 6 figures monthly from their social media platforms. They don't just make these money and spend wrecklessly, instead they utilize what they have effectively and create more streams of income for themselves, this is quite impressive if you ask me.

Now they are still weak women and that is the nature of a woman that cannot be eliminated, although in small numbers there are some women who are brave enough to take risks. The difference is now women are more likely to make money in a much safer place and do not involve big risks. That is why many of them can now make money on social media platforms.

But if forced to invest in crypto which is quite risky, maybe only a small number will dare to take the chance. Women use their hearts more than logic, so it seems that in highly speculative crypto, it may take them time to think things through.

[peter0425]

Women are more concious of expenses especially in a family where the money is no flowing enough to afford the family needs. They are either good on spending on essential needs while the men feel careless and will spend recklessly.

This should not be an excuse in my opinion. Plenty of men are smarter financially wise than some women. I do not think that it comes down to biological factors but instead is something that we all adapted growing up and something we had to learn as adults. Being financially responsible should be something we all exert effort in for. Does it come natural for others? Maybe but there are also others (regardless of their gender) that being financially responsible does not come easy for them and they have to really teach themselves to be better when it comes to handling money as to not put themselves into harm by losing money.

[Cryptohygenic]

Women are more concious of expenses especially in a family where the money is no flowing enough to afford the family needs. They are either good on spending on essential needs while the men feel careless and will spend recklessly.

This should not be an excuse in my opinion. Plenty of men are smarter financially wise than some women. I do not think that it comes down to biological factors but instead is something that we all adapted growing up and something we had to learn as adults. Being financially responsible should be something we all exert effort in for. Does it come natural for others? Maybe but there are also others (regardless of their gender) that being financially responsible does not come easy for them and they have to really teach themselves to be better when it comes to handling money as to not put themselves into harm by losing money.

Yes, lot of men could be good in financial management in compared to some women but if we must look at the gender majority performance on the Management aspect, majority of women are more than the number of men.
Men could be better of hardworking to make the living for families but financial management is best of women.
My dad and mom are good examples.
Dad funds on family needs and he will always want mom to buy expensive and plentiful of groceries whenever he is paid his monthly salary, mom will ignore him and buy just as it can sustain the family in a period of time and are only buying what are necessary for the family, within a short period dad runs out of funds then the family begin to sustain with the little savings of mom where she was cutting costs of the money dad asked her to used on the family needs.
If mom has followed dads words we may not have money to sustain in a long term when dad goes broke and besides the excessive bought items could spoil if we have been unable to used them as possible.

[Koadharber]

Women are more concious of expenses especially in a family where the money is no flowing enough to afford the family needs. They are either good on spending on essential needs while the men feel careless and will spend recklessly.

This should not be an excuse in my opinion. Plenty of men are smarter financially wise than some women. I do not think that it comes down to biological factors but instead is something that we all adapted growing up and something we had to learn as adults. Being financially responsible should be something we all exert effort in for. Does it come natural for others? Maybe but there are also others (regardless of their gender) that being financially responsible does not come easy for them and they have to really teach themselves to be better when it comes to handling money as to not put themselves into harm by losing money.

Totally depends but i do rather believe that opposite on which women are far more better when it comes to management handling when it comes to finances because they do know on whats the priorities.
It is really just that there are men who cant just that trust up their wives on doing such job and wanting to be the ones will be handling out the budget. Well, its not really that bad on having such set up, it is really just that a matter in between husband and wife on making up some agreements on who would be the one will be handling out the funds and expenses.

For me, then i do let my wife be handling out everything on which this will really be that i dont want to have the hassles when it comes to allocation. I do just simply give out the budget then she's the one will be partitioning on where those money will really be spend out. I do have a trust on her and i dont have any doubts with that.

[Mate2237]

When it comes to the issue of financial management woman are much more better than most men this is because right from when they are growing up they are taught most things on how to run a home by their mothers so this singular fact of girls staying close to their mothers helps them to equip them to face the responsibility of running a home, one thing that I have seen is that most homes are been managed by women this is because the husband has given them that right due to the fact that they have proven themselves to be more careful and efficient in the area of financial management


This are the more reason that we as men should be more careful when we are about getting married because financial management skills should be one of the criterias that a woman that is planing of getting married should have because even if as a man that you are you are not too good with financial management skills your wife should be able to manage it for you

[Becassine]

Personally, I don't see any differences in the abilities of men and women in managing financial assets. However, there is a slight difference: women are more cautious and risk-averse, as they are more keen to provide guarantees before entering into any investment and prefer safe savings over risky investments.
According to International Monetary Bank statistics, the percentage of women who own bank deposits is steadily increasing, but it still doesn't exceed 49% of the total number of women on the planet. There are many reasons, the most important of which is that patriarchal culture has completely excluded women from many responsibilities in managing power and finance, which men have monopolized for centuries. In the modern era, there has been greater openness toward gender equality, but it has not yet achieved all of its goals. Women's entry into the labor market is what will increase participation rates in financial management.

I think you're absolutely right. There's basically no difference in gender, but rather a difference in temperament, culture and upbringing. Even though women tend to spend more on the family than men when their salaries are equal (contrary to popular belief).

When I read that women "like" housework, I understand that the person writing this was born into a deeply patriarchal society. Nobody especially likes cleaning, cooking etc...
Did you know that in France, women only had the right to open a bank account or sign an employment contract WITHOUT the consent of their husband or father in 1965? That's not so long ago after all.

Women have been led to believe for so long that they're not capable of voting, managing money etc. that they've come to believe it, but above all they've come to have a huge lack of self-confidence. Things can't change overnight, but it's certain that the education we give girls and boys is essential if each is to express their full potential.
If women aren't very present on this forum, if they aren't very interested in bitcoin, wouldn't it also be because domestic chores, in addition to a job for some and bringing up children, don't always leave them time to get informed?

According to Jacques Attali, founder of PlanetFinance, 80% of microcredit beneficiaries are women, as they have a greater capacity to manage a business and spend their loans more efficiently than men.

“Money, when used by a woman in a household, benefits the whole family more than when used by a man”. Excerpt from “Towards a world without poverty”, by Muhammad Yunus.

(He is best known for having founded the first microcredit institution, Grameen Bank, in 1976. Nicknamed the “banker to the poor”, he was awarded the Nobel Peace Prize in 2006.

[Lanatsa]

"We manage everything together" is the most popular option by far. Well, it could have been worse .

I guess that there must be a balance in every couple, or at least that it is the best way to live together, although it depends not only on different cultures from country to country, but on each specific idiosyncrasy.

Answering the question about trying to orange pill my partner, I'm afraid that I've tried it for years now, unsuccessfully. As long as I'm free to do it myself, it's good enough.

Same goes for me on which "We manage everything together" on which we know that two heads are better than one when it comes into decision making on which we know that it will really be that a huge factor on which trying out to systematize everything specially when it comes to finances. This is where couples do usually be ending up on having some argumentation just because of some mishandling of budget on where they do get overdropped or being having that shortage. Well, there are some men who do really just that being that confident with their wives when it comes on handling their budget on which its not bad either. It all matter about good communication and management when it comes to money because we do know that when it comes into this aspect then you will really be that needing up to consider out such thing.

Women are good managers when it comes to funds but not at all women are like this. There are still ones who are really that responsible and there are still those who arent. Therefore, when you are choosing a lifetime partner then make it sure at least that they are the ones who are really that good when it comes to money management or handling. Although this quality isnt something that you can spot out literally but somewhat you can be able to see those signs at least.

[JiiBs]

I wouldn’t want to discuss gender and the roles they play in certain institutions as per, if they are active or not but, I wouldn’t say this:

There exists cultural difference even in a modern world like we have to ourselves however,
When a woman of substance is found to possess good enough qualities, she gets utilized in certain priority functions not because she is a woman but, because of those qualities she’s found to possess.

So it ain’t about being a woman, it’s about being qualified to function.

[Taskford]

Personally, I don't see any differences in the abilities of men and women in managing financial assets. However, there is a slight difference: women are more cautious and risk-averse, as they are more keen to provide guarantees before entering into any investment and prefer safe savings over risky investments.
According to International Monetary Bank statistics, the percentage of women who own bank deposits is steadily increasing, but it still doesn't exceed 49% of the total number of women on the planet. There are many reasons, the most important of which is that patriarchal culture has completely excluded women from many responsibilities in managing power and finance, which men have monopolized for centuries. In the modern era, there has been greater openness toward gender equality, but it has not yet achieved all of its goals. Women's entry into the labor market is what will increase participation rates in financial management.

Women have been led to believe for so long that they're not capable of voting, managing money etc. that they've come to believe it, but above all they've come to have a huge lack of self-confidence. Things can't change overnight, but it's certain that the education we give girls and boys is essential if each is to express their full potential.
If women aren't very present on this forum, if they aren't very interested in bitcoin, wouldn't it also be because domestic chores, in addition to a job for some and bringing up children, don't always leave them time to get informed?

This is before but now everyone has equal rights now and they can do anything what they want since this is basic human rights that has been implemented right now.

See this one as example https://globalwomeninblockchain.org/ Women's are now excelling because they made great efforts to be in that position. People just need to have proper education or experience so that they succeed.

Also this notable women in crypto https://101blockchains.com/top-women-in-crypto/

Patriarchy is now slowly fading in the society and we see lots of women succeed in different fields.

[coupable]

...

Furthermore, if we are to talk of investment, women are good investors, no doubt, but they have low expectations in profit. If there are two different businesses, which one of them will have a higher risk with a higher profit, and the other will have a lower risk with a lower interest? Then almost all the women will definitely go for the lower risk with lower interest. That is why even when it comes to investment, they are not good at it because they hardly take much risk.

I found this article explaining that one of the traits that often distinguishes women in the field of money management is their approach to risk.
In general, women exhibit a greater degree of risk aversion than men, which can significantly influence spending decisions due to their preference for financial security and stability.
This cautious approach is particularly evident in their reluctance to engage in high-risk, high-reward investment projects, as they tend to opt for safer, long-term investments.

Article: https://livewell.com/finance/reasons-why-women-are-better-at-money-management-than-men/

[Mame89]

Women are more concious of expenses especially in a family where the money is no flowing enough to afford the family needs. They are either good on spending on essential needs while the men feel careless and will spend recklessly.

This should not be an excuse in my opinion. Plenty of men are smarter financially wise than some women. I do not think that it comes down to biological factors but instead is something that we all adapted growing up and something we had to learn as adults. Being financially responsible should be something we all exert effort in for. Does it come natural for others? Maybe but there are also others (regardless of their gender) that being financially responsible does not come easy for them and they have to really teach themselves to be better when it comes to handling money as to not put themselves into harm by losing money.

I agree with you. Being good at managing finances is not seen from gender, indeed women are often considered to be able to manage finances well and have the habit of being more planned in managing finances because in households, women usually manage finances, but this does not always apply because everyone is different. So the ability to manage finances is not determined by gender because it can be learned by anyone.

In my opinion, the ability to manage finances does not depend entirely on gender, but rather on the person's own financial education and experience, both men and women. Because in reality men are also able to manage finances very well if they get a better education. So both men and women can manage finances, as long as they have the right knowledge and skills. Because the important key to all of that is education in managing finances wisely. So in investing I think gender is not a difference because what makes the difference is their knowledge.

[l99l]

Good question and survey. Usually people I know trust their wives to manage their money maybe it is instinctive because women are naturally good at it, they are better at taking care of responsibilities, bills don't pile up, they can pay on time instead of getting into debt but they don't leave the money growing to men.
Women are spending more these days and living their lives for show so things may have changed a bit. I prefer to manage my own money.

[eightdots]

Women are more concious of expenses especially in a family where the money is no flowing enough to afford the family needs. They are either good on spending on essential needs while the men feel careless and will spend recklessly.

This should not be an excuse in my opinion. Plenty of men are smarter financially wise than some women. I do not think that it comes down to biological factors but instead is something that we all adapted growing up and something we had to learn as adults. Being financially responsible should be something we all exert effort in for. Does it come natural for others? Maybe but there are also others (regardless of their gender) that being financially responsible does not come easy for them and they have to really teach themselves to be better when it comes to handling money as to not put themselves into harm by losing money.

I agree with you. Being good at managing finances is not seen from gender, indeed women are often considered to be able to manage finances well and have the habit of being more planned in managing finances because in households, women usually manage finances, but this does not always apply because everyone is different. So the ability to manage finances is not determined by gender because it can be learned by anyone.

In my opinion, the ability to manage finances does not depend entirely on gender, but rather on the person's own financial education and experience, both men and women. Because in reality men are also able to manage finances very well if they get a better education. So both men and women can manage finances, as long as they have the right knowledge and skills. Because the important key to all of that is education in managing finances wisely. So in investing I think gender is not a difference because what makes the difference is their knowledge.

It may not be right to generalize in such a situation. Some women can manage money very well, while others can manage money poorly. In some cases, someone who previously made poor choices in money management can later make better choices and do good things in money management. Sometimes, the experiences gained allow people to manage money better.

Gender is not a criterion for such situations. Both men and women can be good or bad at money management. What is important is that the person benefits themselves and their environment by making a poorly managed process or decisions better.

[Powerjumboo]

Good question and survey. Usually people I know trust their wives to manage their money maybe it is instinctive because women are naturally good at it, they are better at taking care of responsibilities, bills don't pile up, they can pay on time instead of getting into debt but they don't leave the money growing to men.
Women are spending more these days and living their lives for show so things may have changed a bit. I prefer to manage my own money.

Not all women are unaccountable, some women are very good at accounting and can save money very well, not only money but also wealth which can be kept very safe. I know and have seen many women who take great care of their families and their wealth and they work together with their husbands and wives to make more wealth. I have also seen many wives who have destroyed their husbands' wealth, so if they are ideal wives, then it is definitely possible for the husband and wife to do something together and it will be good to do any work.

[ZAINmalik75]

Back then people used to tag women as weak and independent

You mean "dependent", I believe.
But you know what? The times when women used to be dependent and weak, society back then was much better than now, if you ask me. We used to have more respectful women in society than we have right now. Some people might not agree with it, but independence and complete freedom for women have done a lot of damage in our society. It is also the cause of an increase in crimes such as rape and kidnapping.

I don't say that women should be locked in their houses and shouldn't be allowed to go out at all, but nowadays, feminists are taking it way too far with their agendas, such as women can do everything a man can do and stuff. Men and women aren't the same, both mentally and physically, so I don't understand why people think they can be the same. They have their own roles, and they should accept and respect them.

[Becassine]

Back then people used to tag women as weak and independent

You mean "dependent", I believe.
But you know what? The times when women used to be dependent and weak, society back then was much better than now, if you ask me. We used to have more respectful women in society than we have right now. Some people might not agree with it, but independence and complete freedom for women have done a lot of damage in our society. It is also the cause of an increase in crimes such as rape and kidnapping.

I don't say that women should be locked in their houses and shouldn't be allowed to go out at all, but nowadays, feminists are taking it way too far with their agendas, such as women can do everything a man can do and stuff. Men and women aren't the same, both mentally and physically, so I don't understand why people think they can be the same. They have their own roles, and they should accept and respect them.

What damage for example ? Do you mean that women themselves are responsibles when they are raped or kidnapped ? 

Now they are still weak women and that is the nature of a woman that cannot be eliminated, although in small numbers there are some women who are brave enough to take risks. The difference is now women are more likely to make money in a much safer place and do not involve big risks. That is why many of them can now make money on social media platforms.

But if forced to invest in crypto which is quite risky, maybe only a small number will dare to take the chance. Women use their hearts more than logic, so it seems that in highly speculative crypto, it may take them time to think things through.

You have a strange view of women, I must say. What do you mean by “weak”? And that women react from the heart rather than logically is a totally outdated cliché.

Maybe more men will invest in risky cryptos (thinking they'll make x100), NFTs or memes, while women, who think of their families first (including bills, children's education etc ...) will hodl btc when they can or invest in something that will have a good return on investment. A return that may be modest, but less risky.

Education must take precedence over patriarchal clichés that don't give women a place, or at least not enough of one.

[topbitcoin]

"We manage everything together" is the most popular option by far. Well, it could have been worse .

I guess that there must be a balance in every couple, or at least that it is the best way to live together, although it depends not only on different cultures from country to country, but on each specific idiosyncrasy.

When the commitment to live together has been decided then in the end things like this become important to do together because when we have decided to be with a partner it does not mean we are only together in terms of eating or sleeping but also other things that must be faced including in economic matters which are actually important.

Openness and mutual acceptance are things that need to be considered in this case because not a few couples are destroyed due to lack of openness and financial problems so in the end this must be discussed from the start. Joint management is a good thing but in some occasions there is not a little authority in one of them in managing their finances.
This does not mean that when one trusts the other and neglects the other, the task becomes different later. I will probably talk about myself at the moment where when talking about financial matters from business or work then I will control it even though my wife also knows the nominal but I am more in control but when talking about finances in the household then my partner is in control so that in the end we can work together to build a good relationship and be more open or transparent so as not to cause division later.