Topic: Women are more economical than men. - page 14. (Read 1860 times)

In spite of the fact that it is out of line to generalize that one gener is actually more cheap than the other, there are certainly patterns and contrasts in money related behavior. A few investigate proposes that ladies may be more cautious with cash and prioritize sparing, whereas men may tend to contribute or spend cash on particular commitments.
Financial intelligence is, after all, a important aptitude for everybody, notwithstanding of genders.

I don't agree with this because actually each of us has to look more broadly at many people, not just at a small number of people in our own environment. I have found women who are very wasteful and always feel that they don't have enough when it comes to managing their own household, and vice versa, I have also found men who are very frugal and are even willing to appear simple in order to maintain savings in their lives. So he won't buy something if he doesn't need it.

Apart from that, we also cannot generalize the way each person manages their finances and their own household, because each person has a very different way of managing their household and managing their own finances. Even though it can be seen that most women are more aware of saving money when they themselves know that they don't earn much, the same goes for a man who has become someone's husband who also has to try to save money for the sake of his own family.

I agree with what you said, especially if women are married, they can manage their finances and always have enough for one month. One of women's biggest temptations is discounts and cosmetics, but if household finances are not good, she can manage it well and save money.

I give most of my monthly salary to my wife and she has always managed it well. I have quite bad financial management, especially if my child asks for something, it is difficult for me to refuse.

If we talk about economical we can look at it in two ways.

Spending: the man is definitely going to spend more money because of the vast responsibility bestowed on him and this makes the man most at times no having much of savings compared to the woman. This is because once a woman is married almost all their spending are sponsored by the man except on rare occasions like her not being married or married to an irresponsible man or a man that earns way lower than she does. Once this exceptions are not there the woman saves almost all her money which in turn looks like she is more economical. But in reality if you look at who spending needlessly it is the women.

Business; when it comes to business the women are more industrious and economical than the men because when they set their business goals they stand to achieve that set target but the man shifts it’s goals most at times due to family reasons. That is why you will see that most businessmen prefer to hire women to run some certain businesses for them

Heck No my friend, this is even strange for me reading it from you.

As a matter of fact, the environment might differ, but in countries I have experienced including mine, men are better conservators, and prudent in spending but might not be good planners than women. And of course, there are women who will plan so effectively, but such are little compared to the entire population of women.

Women are known for deriving benefits from men and this makes their spending of no care to some, they squander money where and how those guys giving them can't. They are known for their extravagant lifestyle because most of the money many of spend is derived from men. They are not the ones working for it, so the easiness of the money and lack of sweat for it doesn't make most of them have the feeling of being conservative about it.

It is culturally believed that women are more prudent in spending than men. This is just a mere assumption because it depends mainly on the character of the individual and not the gender. Women can spend more money on many things than men. They spend more on their skin, clothing, hair,  nails, and other accessories. Most women cannot also manage a situation,  they always need comfort. Pray you don't meet a woman who is a waster, she can ruin your life in a jiffy. Women can be economical with their money but will lavish a man's money if they are opportune. 

But I have observed keenly that women who are married are more economical than single ladies. These married women will always consider the future of the family before they spend lavishly.  If you get married to a lady who really loves you and not your money, she will be the best savings account of your life. I prefer to give my spare funds to my spouse because it will last longer in her custody.

Actually, I will support the men because of the high level of responsibility attached to them, which will make them more economical than women. Because a man who is taking responsibility and meeting the needs of himself and his family will be able to differentiate between his wants and needs, this will help him a lot in many aspects because most responsible men have a weekly and some monthly budget so that they can manage the money they have and also learn how to spend the money wisely, while women have fewer bills to pay, so they focus more on expensive things like jewellery, expensive clothes, and other things, so they won’t have a budget to spend what they have but rather spend it anyhow.

I totally agree with the thesis of the OP and here's my understanding on that topic:

Since the human being is considered human, hunt was mostly an activity carried out by men, while women, elderly people and children first gathered and then planted fruits.

Recent studies (I read it from anthropologist Arsuaga) reveal that, contrary to that we think so far, hunt failed in too many cases, so when the hunters arrived to the village empty handed, they still got their meal thanks to gatherers.

So meat from wild animals was a rare prize, not the norm. That explains, IMO, why men seek more the dopamine peaks that many vices produce than women, more focused on long term survival. It could be all due to evolution.

Mostly this is true, men always think that they will earn more money so there is no limit to spending the money they have, while women who manage money will be more careful and calculating for financial stability in the future, and I have even seen many families whose finances are managed by women. while men only focus on making money.
I really agree about that, and we are talking about most of this, although there are some who return to the nature of different human beings, but regarding the matter of women being more economical than men, I really agree.

Yes, I agree that women are more frugal regarding money. They can manage their expenses better than men. I often find that my female friends have to think for a very long time before they finally decide to buy or not to buy.

They argue that there are other more important things to buy, which can still be bought in the following month. My male friends don't think about it in such detail because they feel they can buy it now and don't have to wait until next month.

But some men can also apply the same things as women, saving well and managing themselves. Currently, frugality is a good solution to survive difficult situations, so both men and women must be able to do it.

If you compare the money spent between women and men. I will tell you why men spend more money. If you consider the various aspects of a man, it will be seen, he has friend circle, he runs his family, before going to office etc. Moreover, men spend a little more money. It takes a lot of money to run a family, which he earns through various means of income and he spends that money in various ways. Moreover, there are many men who spend money for no reason without thinking about anything.

Above all, the reason women spend less money is that they don't always spend moneyIf not critical. So I don't know if it is right to call women thrifty. Finally, there is one thing to think about when spending money, whether a man or a woman. So that unnecessary money is not spent.

Seems yes, because I have a friend (who before married) very wasteful use of his money. But after he got married, and his money was managed by his wife, my friend became economical after that. but I think not all women can manage the money, and not all the man can't control expenditure. It depends on how he lives in his environment, I ever met a woman who is very wasteful in shopping and buys anything she wants without knowing the purpose. it's not because he doesn't control the money, but the environment where she lives is very competitive for him. She has a friend who is very rich and always shopping which makes her follow that habit.

I think this is because women are more organized and are good managers than men. But this is not to generalize, as we have different perspectives, and this is just my observations based on people I have known. Maybe this can be influenced by our social construct, that men provide for their family and women should stay at home. And if this is the case and the family is run by a patriarchal household, we can at least say that women are more economical than men because they have the responsibility to handle and budget the money given to them. But again, I don't think this is applicable up to this day because we are now detaching ourselves from the belief that men should work, and women should stay at home.
But again, I don't think it’s good to compare people based on their gender as there now studies which tells us that gender has really nothing to do with such things.

I don't know; it seems there isn't a definitive data on this. I have heard both opposing arguments. I mean, both claims that women are more economical and men are more economical. I looked around me. Both seems true in different cases. There doesn't seem to be a uniform reality.

On the one hand, it is usual to hear that household budgeting should be left to women because they know better. Husbands should just provide the money and they'd be amazed at how their wives would manage to keep everything financially in order at the end of the day however insufficient their income may seem.

But, on the other hand, it isn't also unusual to hear that money should be kept away from women because they might just squander it shopping unnecessary stuff, visiting salons, and so on.

So, I don't think being economical is something about sex or gender.

It's the other way around actually - at least to me and the people I know. We understand that there are bills we should pay and that we should build reserves as much as possible to ensure that we keep paying them on time. This mindset helps us to keep spending on the low. It's the women that spends on less important things like beauty enhancement or whatever. They even ask their men to pay for those things a lot of times.

If they're managing the household then I guess women do better since that's like their role. It's the men that provides the money to be managed. This traditional gender role may sound odd to other people who believes in 50-50.

I don't think there is any truth about this opinion. It's not right to make such a generalization because for both genders, there are those who spend money wisely and those who spend it as they wish. However if a generalization is to be made it's obvious that men who are aware of how difficult it is to earn money are more frugal. I'm sure the statistical data would support this.

This is not necessarily true if talking about unmarried women, but if talking about married people, most women will control spending better than men. That's why in most couples, the husband is responsible for making money and the wife is responsible for managing household expenses. But to be fair, to have a stable job and advance in your career, men need to communicate more so they will spend more, and sometimes when they are drunk they cannot control their spending. Expenditure management also depends on job characteristics, social level...and many related issues.

So what you mean by "economical" is the ability to control the urge to buy things? If that's the case, my experience is quite the opposite. You probably need to do a thorough research if you want to draw a conclusion. Basing it on one or two cases is way too small to make a judgment. Even though you can argue that traditionally women control their household spending, I don't think that applies to modern societies.

There is a reason why thats an unpopular opinion Any married man can tell you that this is far from the truth and can't even be remotely similar. Obviously we have to separate the gender from the person if we do not want to generalize, I am sure that there are woman out there who are more economical than most men, and there are men who are more economical than most women as well. But if we take a look at the general public, as in if we take the average out of it, I can guarantee that woman are spending a lot more money on useless stuff at most times. This isn't something I can give as a data, I do not have this data, all I have as a proof is my wife, my mom, my friends, all my friends wifes, and every single woman and man that I have ever met with so far. If there was just one example of it, I would say there is a possibility, but without exception every single woman I know is less economical than every single man I have ever met

Lets get things right, saving money doesn't define being economical. And spending it doesn't mean a person is not economical. These things we must look at the perspective of business. And the most reason why women are not billionaires like you said. Women save and spend money wrongly. Lesser women give to the society than men do. A lot of men venture into businesses, which is giving to the society. Women hoard money and spend less believing that's being economical, still they end up broke. Being economical depends on how we spend and save our resources. A person may be spending a lot of money on the right thing, definitely they'll get a good return on the long run. While the other party would be saving gradually, without getting any good return. In economics it's better to spend properly than to save well. If we define economical as not spending money. Who would build the hotels and other infrastructures today? On the other flip, men put good use of money in the society. Few men waste their resources compared to women. In fact, if men had the most population as women, the economy of the world would have been increased better than it is. Only few women set up successful businesses. The other population of women, save their money and spend less. Thereby depending on their savings for survival. How else do you expect a person who depends on her savings to spend money. They'll definitely spend lesser money to increase the durability of the money at hand. Also, talking about who spends the most money in a family doesn't define being economical. It's about the society at large. How resources are being used. Wasted or properly invested to create more wealth. Men take the most risk, in business. That's why a lot of men succeed in it. Women take minimal risk, that's why a good number of them still depend on men for money.