Quote:
Originally Posted by sgfinancialfreedom
Women like to save. Men like to invest.
Women like to know where to find good deals and bargain. Their "savings" involve spending money.
Men don't like to spend money. They only want to use money to grow more money.
I think that 25% is a good amount to be saving. The higher the better actually
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You know, sgfinancialfreedom, this proclamation could be taken as
cultural "permission" to be a spender if, for a woman, saving involves spending. I think it is better not to repeat such myths so bluntly. bIt would be better to get people (regardless of sex) to look at themselves and ask themselves if they need to revamp their personal view on what saving really is, or more especially, to evaluate whether they are saving enough money for future use, whether through investments of some sort or simply holding it in a piggy bank or bank account whose interest is paltry. The point of saving is to provide for the future, whether that is done through investment or otherwise.
And since when do men not like to spend money? I don't see men living solely on beans and water so that they can grow, grow, grow that money. What you have said is an over generalization.
To be taken seriously in advising people on saving, I think you would benefit from having a more nuanced understanding of what people's money related motivations are. They are not definable so simply along sex lines.