Women and money management

[DrBeer]

If we are talking about a family - no matter who earns and how much - it is a family, it is a single society, and decisions should be made jointly, adhering to the concept of common sense
It's like in business - the owner can not monopolize, only at his discretion, in any way and at any time to use “his money”, otherwise it will destroy the business. otherwise it will ruin the business. Similarly in a family - trust, consideration of the other party's desires, compromises - without this a normal family life cannot be built.

[Dailyscript]

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?

Women in my country are more interested in what they get to benefit than what they will do in a marriage or relationship. There major role is to go shopping on all the groceries needed at home, you just have to give them the money. So at least if you are better woman as your partner, she will help you manage the finance in terms of what to get and how to prepare them so it can last for the family. However, some women leave lavishly so they dont care how they spend.

[Abbatty]

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.

Well said and I totally agree with you on this, we all know women are not risk takers, I feel the reason is because most of their responsibilities are been carter for by men so that why they are not much of risk takers. But, as men you have a lot of challenges every day, financially especially. Just like you said the rate of men involve in gambling is very high.

Women save more but they don’t invest, women can save for a long period of time and end up using the money to hand bag or shoes. Instead this period of saving why not put it into investment. The reason is they don’t think about the future, most of them though, as for their men will always provide for their needs.

[alastantiger]

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?

This is depending on the part of the world that you're staying because in well developed worlds, women are doing better in those countries and they're leading in major areas of the economy. Women has always had good money managers  as they're responsible for keeping the family debt free. The man provides but the woman manage the home and makes sure everything is in the right places and money isn't exhausted but as the world is advancing, this responsibility aren't limited to only one gender. Both genders can do any part apart from some of the biological thing that were made for some specific genders. I have come across alot of women that are good money managers and also also  men that aren't good with money hence I think I'll give it to the women to be better at money management.

[Spaceman1000$]

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 there are lot of women who are into saving and investment, in the financial sector especially in banking they are littered almost every sector of the banking system, some persons agree that women are good in managing so the top bank CEOs prefer keeping them at the managerial level in most banks in my country, funny enough they are doing very well because most times men are more aggressional when there is pressure, because the banking system deals with pressure of not meeting targets of expectations from marketers, but most women try to absorb this pressure and maneuver it while the men are reactional to pressure as they either complain about the pressure on the job or leave the job entirely, And even in politics in my country to a large extent the woman have a strong voice in the political scene in my country, so judging from my own country, women are not entirely less involving finance.

[ultrloa]

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?

Its so rare to see that women is not in charge of budgeting since this is usually common thing happen in family. Since men are usually careless the way how they spend their money and women are methodical the way how they spend their money.

I am more into investing and trading that's why I don't usually take charge on family budget also I always honor my wife decisions towards how we handle our finances since I also don't want to create any arguments towards our spending's.

Women provably interested on saving and investing. Everything will depend on the agreement between the wife and the husband towards how they deal with their finances.

[Free Market Capitalist]

The ones I know are divided into two types. The first has almost no financial knowledge, nor the desire to acquire it. They spend as if there were no tomorrow and consequently they are a very good business for stores, financial institutions, etc.

The second type is how our grandmothers were, frugal and thrifty, sometimes to an unhealthy point.

I would like to meet more in the middle ground, of which there are not many.

[Gozie51]

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

Because all these listed involve risk taking. Women are not natural risk takers, those who take risk are pushed to the war to do so regards need to survive and maybe their up bringing from their mother (either a feminine) and so she teaches the her female child to be independent and that is the only way to get off the masculinity. But naturally, woman are meant to keepers of the house like keeping things, safeguarding things nstead of spending and taking those risk of trying to double what she has. It is the duty of the man to provide food, shelter and security and in the bid to provide all those, he tries his luck, risk what he has for it to increase.

[dunfida]

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?

Not really that much though on which there's no way that we can be able to tell on how women do really looks upon about into this aspect in every country. Mentality will really be that totally different to each person on which there are ones who are really that good at this and there are ones who arent on which it will really be that resulting into different actions made up basing up into their preference and wants into the things that they've been dealing on with, specially with money. We do know that most women do really that not want on wasting up money specially if they do have their own family on which they've been that keen on spending up on things on which is useless or something that it isnt really that beneficial for the entire family. The only difference here into those who are really that single and doesnt have that responsibility will really be thinking up different.

Just like on what i have said that it will really be that totally different to each other on which because that it will depend into someones preference and mindset. Money management is crucial even on a single individual because this is where you do build up your foundation if ever you do have some plans for your own future whether on as a entrepreneur or trying out to settle yourself on having a family or simply having some plans on regarding financial freedom.

[Swordsoffreedom]

Women save more but they don’t invest, women can save for a long period of time and end up using the money to hand bag or shoes. Instead this period of saving why not put it into investment. The reason is they don’t think about the future, most of them though, as for their men will always provide for their needs.

What country are you from and is it true that women in your country are doing those things? Because what you say is completely contrary to what is going on around me, my neighbors, friends, relatives and especially in my family. My wife, my mother and my sister in law...they save money and don't like to invest in bitcoin or stocks but they use their savings to invest in gold or buy necessary household items. Even many of my female friends are very good at making money and are the economic  pillars of their families. I rarely see anyone saving money just to buy shoes or bags. Are you underestimating modern women today?

[Y3shot]

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?

For me I think anybody can have a good money management, this depends on our different backgrounds, the kind of character we exhibit. If one is not even discipline it is very difficult for people like this to have a character on how to manage money. So I think this has to do with personal character and understanding of how important to manage money well and not about gender or country of where one is from . One of the reasons why I believe women could be good money manager is because women don't take risk just like men. A man believes money can be gotten back in so many ways.

[Reatim]

The ones I know are divided into two types. The first has almost no financial knowledge, nor the desire to acquire it. They spend as if there were no tomorrow and consequently they are a very good business for stores, financial institutions, etc.

this only applies to the rich ones because why would someone of middle class or lower class spend so much money that they do not have? anyone poor will understand how they should manage their finance men or women

The second type is how our grandmothers were, frugal and thrifty, sometimes to an unhealthy point.

I would like to meet more in the middle ground, of which there are not many.

yeah i think this is more of a class divide

some grandmothers can live a luxurious life too depending on how rich the family is. my family not exactly being rich is the result of grandparents being thrifty and cheap and mindful of spending too much

[Findingnemo]

Yes, they do. I thought it's universal everywhere but reading so many replies it looks like modern women lost the trust for managing their husbands money. I am not sure how accurate my statement is but I saw many experts said that women are good with money, they decide which is needed and which is unnecessary expenses and it's true because they are thinking about the whole family instead of their individual preference.

[justdimin]

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?

The most probable reason why women are less involved in finances, trading, or management of investments is because only a small percentage of women are able to manage these things very well. They lack the general mindset of making investments, managing finances, or taking care of finances in a good manner. As I said earlier, it is not for every woman. I know there are some women who might do these things better than men, but in general, that's not the case.

If we look around, we will realize that the percentage of women who have become self-made millionaires or billionaires through businesses and investments is very small. You will find women that are rich but not by building and running businesses or investments but by doing art, showbiz, acting, and many other careers where such things aren't involved. This shows why there is this thing of women being less involved in finances and investments.

[Plaguedeath]

this only applies to the rich ones because why would someone of middle class or lower class spend so much money that they do not have? anyone poor will understand how they should manage their finance men or women

The poor didn't understand about money, they do have money, but once they have money, they will spend it easily without think twice.

Like someone just got accepted in McDonald, when he received his first salary, he will buy anything he likes. Then the second salary, he choose to save some, he save until sixth months, his savings now enough to buy a car by mortgage loan.

But, they didn't calculate everything, they only know they only need to x amount per month, while the fuel, maintenance, tax, etc they didn't consider it. Then they end up live from paycheck to paycheck.

my family not exactly being rich is the result of grandparents being thrifty and cheap and mindful of spending too much

What do you mean?

[puloweh555]

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.

In my country, the Minister of Finance is filled by a woman, btw. So yes, the majority of women are better at managing finances, although not all women but most are like that and of course when we get a partner who is good at managing finances, of course we will be very happy because we can share roles in the household to achieve financial freedom in the future.

Because ideally when married, the husband maintains the balance of the household economy by working, while the wife manages finances well and keeps the condition of the house conducive. So the collaboration of both is active in their respective roles so that family life is harmonious and supports each other. A great woman is a woman who is good at managing finances. So women have an important role in the family even when they become public officials.

[coupable]

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?

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.

[Yucky]

I'm from a place where women manages finance depends on the  on the partners agreement, there are some homes that women just manage finances, when it comes to food, basic housing, if they work, then they have their personal savings and investments, but when it comes to the larger funds, maybe house rents, cars, the men handle it.

I've seen, some homes where the men delegate finance to women,  at the end of the month, he just releases funds to her, and she knows what to do with it. It boils down to you and your partner. I've just read someone on the thread saying the woman has no business with managing funds, they don't have the knowledge and capacity. I found that a bit insulting, though, but I guess it depends on your IQ on the topic.

You can't tell me you marry an educated woman, and she has no knowledge of how to manage funds, or you marry a woman that studied accounting in school, and you are saying she can't manage funds or invest. It boils down to is your partner a lavisher or a saver? Is that person an investor or a spender? just work with who your partner is.

[YOSHIE]

Are women in your country involved in managing the family budget (or more)

Women & Economics, in my understanding of these two things have different characters, the situation depends on the woman, the type of woman in managing the money is many types.
For example:
1. There are women can be invited to work together in managing money.
2. There are women sometimes the money that has been given is difficult to spend again.
3. And many other problems on women's assessment of money.

However, in my life the money was managed together, where large and small expenses must be discussed first, but support each other well The needs of my or the woman herself, for that the nature of the woman is not the same, the beauty of women who can work together, rather than stingy women.

[bitzizzix]

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.

Yes, cases like this often happen and end in divorce. And in this case, I personally forbid my wife to work and it is better to take care of the household and children at home because it will be much better and create true happiness, and the reason I do not allow my wife to work is because I am afraid that if my wife works and her income is greater than mine, she will become arrogant, haughty and potentially lose respect for her husband, because she feels no need to depend on her husband.

And I prefer to work hard to earn money to be able to meet all my needs and I also set up a grocery store so that my wife is not too bored and can also help with finances to be able to meet needs and also to invest which I think is much better and can also help manage finances so that everything is sufficient and I stay focused on working.