Topic: Women are more economical than men. - page 15. (Read 1746 times)

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.

Responsibility and commitments typically determine where money goes in the modern economy, especially for men. Men, men, men... they often have to spend, sometimes against their will. Duties, right? Does that make them less economical than women? Hmm...

Then, women have traditionally been homemakers, budgeters, and household financial managers. They've had to save money and keep things running smoothly. So, are women more economical? Perhaps, perhaps... But is it fair to generalize? Each person has a unique relationship with money. Some women spend a lot, whereas some guys are economical. Personal behaviours, upbringing, and circumstances, right?

Instead than comparing, why not value each gender's strengths? In a modern economy, isn't collaboration the key?

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.

Naturally men are providers while women are better savers, so it’s no surprise that men have more financial responsibilities in society, they have to cater for their home and also their extended family. In most cultures, the women have a lesser burden to cater for, but it’s also difficult for women to develop a good saving habit when products and advertising target mostly women as their consumer.

I don’t subscribe to your idea of women having to be more economical than men. In a way I might agree but, that would be in instances where the woman is the man. I’ll explain;

Like you’ve rightly stated in OP, men a pushed to spending by a sense of responsibility. These responsibility can play out in ways of being responsible for your family, relatives, friends and the people around you which means, most of the things your to be spending on are a necessity, perhaps not all but being moved by a sense of duty makes it a need to do.
Women on the other hand, they don’t just give a fvck. At times it’s more like I just need to get this done or buy this and that and they just do it.

Although, the case is different when that woman is the man. When that woman don’t have a man at the apex of her affairs or when the man isn’t owning up to his responsibilities. That makes the woman very much a man and I tell you, she would understand how to scale her expenses even better than a man would. There, you can say the women becomes more economical and that’s because, the woman is out here thinking like a man.

I think it's less just about the societal burden that was imposed upon women and men and more on its relation to the human brain biology really. I've heard that Women are born with bigger brains than men, which could be attributed back to when we were still cave dwellers, and women of the tribe are the ones tasked to collect crops, berries and stuff. They would need to be more analytical lest they risk eating poison and killing themselves along with their families. In modern times this analytical prowess is being used not for hunting/gathering anymore and instead to aid the family with budgeting and finances, which in a way is kind of similar to gathering as well cause you have to discern which is a bad purchase and which is not but I digress.

Women are good managers than men. This is true and it is possible to see this happening in most people's life. The best of it can be understood by the way Women spend and men spend. There is priority to spend on different things, and Women understand it well and spends accordingly. With men this is different and they keep on spending in a random manner. This isn't the case with everyone, but most of the Women used to have this mentality.

It is possible to see Women in our family having some savings that helps us in difficult situations. I've read more such stories during the covid as it had helped them in survival. Not on this, but more real incidents happening around us state women is better than men being economical.

Not really I think? I mean if we were talking about majority vs. minority, then maybe, but if you were to say that most economic men lose out to your average woman, then millionaires wouldn't be males, they'd be females. Imo it's natural for someone to plan out their expenses, whether they be male or female. I think it just naturally switched over to females after a decade or so of being together due to the natural shifting of responsibilities in a family. Outside of the context of a family, I think both are rather equal, it's just a matter of capabilities at that point regardless of gender.

I feel men have more bills to pay than a women does, so after when they are done paying those bills, they get broke and it makes them look as if they are not financially responsible. While for ladies, even when they are working, they still find favours from admirer's that send them money in addition to their salary, most times this admirer's do pay the entire bills of the woman, making her have much savings for herself.

Though there are men, that are ordinarily financially reckless, that spend money extravagantly. But trust me, most men pay a lot of bills, from school fees, house rent just name it, yet they hardly get a dime if they don't work for it. The life of a man, isn't easy, we deserve more credit.

IMHO. I'll give you an example of why this shouldn't be a discussion for most. If we're going to check if men are the ones who can't control themselves and have bad spending habits, we check the top 10 richest persons in the world because all of them are men. In reality, there's no gender preference on this one because there are men who are good providers and at the same time, good at money management and the same goes for women. While we're talking about how good people are with their management skills in money and by being a responsible family person, there are people that are the opposite of it. It all sets in experience and where a person has grown up by learning all of those life lessons. That's why on this one, maybe in nature men can't be as good as a woman but even in ancient times, it's known that men are more powerful in many things than women. We're in the modern days today and these things are all changing.

Yes because of the 1:0 life formula that nature have handed over to men,  where men are scheduled with the responsibility of providing financial support to the home,  and being the sole winner and spender in the family we are exposed to so many things that take money out of our pockets,  and sometimes if you want to take too many accounts of how much you spend as a man in providing for yourself and family you may become depressed so at that,  we must work harder to be able to meet up with the demands without looking back.

Women on the other hand are more domesticated and gifted with management skills that men lack,  and this make women to be more calculative in their approach to things most especially in the area of money,  so for sure women are a better manager than the men and there is no argument about it.

Just like also where we talk about risk-taking between men and women,  it still brings us back to the some conclusion that since men are exposed to responsibilities, they tend to try out new ways to make extra money and at that will venture into so many things that women will not consider as being fit to indulge in such.

We had this argument where I was the opinion that most men spend money on things that they are obligated to and cannot control it at times due to responsibilities, men are used to spending money already and because of being used to it, they can find it hard to be as economical as women can be. Do you agree with this unpopular opinion that women are more economical when it comes to money and are able to manage themselves and their homes better than men do?