It is no secret that there are many differences between men and us women. It is said that we can do more things at the same time, that men are more comfortable with numbers and math, that women are more adept at learning languages and many more comparisons that support the distinction between genders. This distinction becomes even more visible when it comes to managing money and taking care of personal finances.
This time I would like to analyze and emphasize women’s financial behavior. We usually spend a lot of time shopping, analyzing details and thoroughly evaluating each product before purchasing it; But, we only compare the features of the product and not the price. Our purchasing decisions are grounded in quality and prestige, even though this makes us spend more money than we had originally budgeted.
We usually end up buying things that are neither necessary nor urgent. Which does not end up being inconvenient, because “prevention” is part of our daily lives: we always carry extra money if we have any sudden need, and the credit card is practically our inseparable companion. Although the organization characterizes our genre, excitement beats our budget. Even though we have set a certain amount for each expense, we are willing to borrow or sacrifice our stability if we consider that a certain expense is really important to us.
1. Clothes (blouses, jackets, dresses, pants, underwear)
4. Makeup and Perfumes
6. Technological devices for hair
We women are known to prefer – in that we are different from most men – to invest more money in personal appearance, but we cannot allow such expenses to turn our personal finances into catastrophe. The key recommendation to keep in mind – we lovers of quality and organization – is to strike the right balance between reason and emotion when shopping. By setting a budget with a focus on mandatory spending (food, transportation, utilities, benefits, personal care) we will be able to see in detail how much we have for our “tastes”, thus being more attentive to controlling the budget and avoiding further debt, ensuring our future. financial survival should any serious crisis knock on the door of our personal finances.