Do women or men spend the most money? If you answered women, you’re wrong, but not alone. Random survey shows, four out of five people point to women as the big spenders. How they formed the answer stems from a mash of stereotypes, self help books, and other women.
Female finance guru Suze Orman tells women they have a “totally dysfunctional relationship with money”. Instead of putting on makeup in the morning, women should state their full names in front of the mirror, which in some way gives confidence that eventually boosts the ego that unlocks inner harmony. And by practicing such a ludicrous exercise, (oh yeah, plus that little thing called “budgeting”) a woman will save oodles of money. Would be feminist authors Linda Babcock and Sara Laschever bring women up by tearing them down. In Women don’t ask they say “the key to getting a raise is overcoming personal entitlement issues.” Basically if women aren’t crying they’re out shopping.
The funny thing is compulsive shopaholics are equal among men and women. While, its true women do in fact spend more on clothing and personal care products (men: $1019, women: $1527); men on average are big spenders. In one year single men spend approximately $7724, whereas single women spend $5698.The cost of cars, entertainment, drinking, technology, and tobacco, outweighs spa days and much needed clothes. Girlfriend, forget Suze splurge once a month, Cheep approves.