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Category: Women And Money

Women and Money

By Lineweaver Financial Group
March 24, 2016 Category • Education Programs, Women And Money, Financial Planning

Lets begin by looking at the role women play in todays financial landscape. Men are better at managing money, make more prudent financial decisions, and are responsible for most of the financial decisions made today. Wrong, wrong, and wrong again. We might not like to admit it, but the statistics point to women being better with money, and making or being involved in most of the financial decisions today. We hear all the time it is a new world, in this arena throw the old rules out the window. Women have done a better job changing their finances in the face of the recession we are still trying to recover from. Polls by Ameritrade and Citigroup show that 85% of women plan to save more, vs. 62% of their male counter parts, and 72% vs. 65% plan to pay down debt. Women spend more than men, or so the story goes. Bureau of Labor Dept studies find women do spend more on apparel, but men are spending more than women on eating out, electronic equipment and cars. Men do like their toys! In the

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