Gender and $$. Let's get some perspective.

Ma99ie · 2011-03-21T18:58:22+00:00

There is a logical disconnect going on here.

The same type of argument could be used for suffrage. Women influence men's voting so they don't really need to do it themselves.

Add in some more statistics for a clearer picture of the forest: Women predominantly care for this countries children both inside and outside of marriage. They have more direct childcare responsibilities - fact! More daycare, more doctor visits, more transportation, clothing, and food costs all associated with the maintenance of children.

Is it reasonable to say that women "control" more money? That is incredibly subjective. If the claim could be justified, one would have to consider these other aspects of women's and men's roles as they exist now.

2011-03-21T20:06:59+00:00

Isn't it odd that the article from which the real data was gathered, not only did not have the controversial graphic, but had this to say about women vs. men when it comes to retirement planning:

Men and women are almost equal in contributing to work-sponsored retirement plans with 86% of women saying they do so vs. 85% of men. Both genders feel lousy about how ready they are for retirement with a "dismal" 12% of women saying they are on target to replace at least 80% of their income post-retirement vs. 23% of men.

The financial planning questionnaire is part of Financial Finesse's online Financial Learning Center, which provides employees with a personal financial education plan and an analysis of their current financial wellness.

bigexplosion · 2011-03-21T15:54:28+00:00

why did they put an image that implies women are bad with money at the end?

2011-03-21T19:56:22+00:00

The Image at the bottom comes from this article.

A study by Financial Finesse shows stark differences in the ways men and women feel about money. The firm analyzed more than 3,000 responses to an online financial planning questionnaire, revealing trends regarding spending, saving and investing.Key Question: Does the apparent confidence men feel in their finances align with their behavior? Or perhaps are women more willing to admit their financial shortcomings? Note: Sometimes with studies like this, it’s interesting look at the data conversely. 60% of women would say they don’t have a general knowledge of stocks bonds and mutual funds. 76% of women are unsure about how their investments are allocated. Same thing for 60% of men. That sounds like opportunity knocking for financial marketers.

So what did the image really imply? Out of 3,000 responses to an online financial planning questionaire: in other words, 3,000 people who were actively looking for financial planning were questioned and the data extrapolated from those responses. We have no idea how many women responded but we do know that the people who responded had enough money to be looking for a financial planner.

This is hardly representative of a majority of women.

Lo and behold!, as I suggested in a prior comment, it turns out that the statistics from the image come from (two links imbedded), here.

"Women tend to not be money people," says Nancy L. Anderson, a certified financial planner and the director of the Financial Finesse Think Tank. "[Women] have many things that we have to focus our time on. Taking care of other people is one of them." Anderson shared with Marketing Daily the story of one woman who is helping her mother pay for her medications instead of saving that money or using it to pay down bills. "One thing all of us can do is put ourselves on the [caretaking] list," she says. "We have been hearing from women that they'd love to save more. ... Maybe they could forego sending a child to soccer camp and pay off a credit card instead."

Interestingly, I responded to another thread today in which a young man complains that his love interest dumped him because of a bad credit score and calls her "vain".

Title	Gender and $$. Let's get some perspective.
Author	Ma99ie
Upvotes	13
Comments	18
Date	March 21, 2011 2:50 PM UTC (15 years ago)
Subreddit	Posted in /r/MensRights
Original Link	https://old.reddit.com/r/MensRights/comments/g87rp/gender_and_lets_get_some_perspective/
Archive Link	https://theredarchive.com/r/MensRights/gender-and-lets-get-some-perspective.1041879 https://theredarchive.com/post/1041879

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