Wednesday, September 9, 2009





Why we spend more?
By:- Anshu Dixit




Among a man or a woman, who spends more money? There are many other things which affect a person’s way of spending money, other than how much money that person has; such as, a person’s upbringing, gender of the person and emotional state of the person.
“Education starts from home” as David Bach author of “Smart Couples Finish Rich” and Sanyika Calloway Boyce, author of “Give Yourself Credit.” It is true if you were taught to save or spend wisely, importance of managing money and so on when we were a kid we would have acted differently when we grow up. Mothers teach what they think about money to their daughters, for example, clothing, cosmetics, and lifestyle etc. in addition of how to spend wisely. On the other hand, usually fathers teach their sons about how to invest and how to spend in cars, homes, other electronic items.
Being a woman is not inexpensive in itself. For example, if you imagine a woman you might imagine her in nice dress, nicely done hair, with some makeup on, is it not? And to look good and to maintain that impressing is not easy. It is also supported by, Sanyika Calloway Boyce, she said that ‘It cost more to be a woman.”
Does our emotions and how much money we spend is related? The answer is yes. “A survey conducted by Professor Karen Pine, from the University of Hertfordshire and author of Sheconomics, to be released on 21 May 2009 found that 79% of women said they would go on a spending spree to cheer themselves up.” Therefore, it shows that spending money can also have some positive effect on us.

Sources:
http://www.sciencedaily.com/releases/2009/05/090521084834.htm
http://www.bankrate.com/brm/news/sav/20000620.asp
http://myprops.org/content/Video-Who-spends-more-money-Men-or-women/

3 comments: