There are certainly a lot of areas in which women thrive more than men do, and topics about which women are more educated than men. But, regardless of how angering the statement may be or controversial even bringing it up is, the evidence is there and the numbers don’t lie: men make more money, they take more financial risks that pay off, and they are more aggressive investors than women. Many traditional female traits that are beneficial in most areas of life (patience, selflessness, willingness to compromise…) are not so beneficial when it comes to money matters. I, personally, am guilty of being meek and hesitant when it comes to financial decisions. I guess I just don’t want to be an abrasive shark in personality—as I find many wealthy men to be—so I also refrain from being an aggressive shark in my money. But maybe I should change that. Here are typical male financial habits that women should take on.
Spending money to make money
While the number of female-owned small businesses has increased in recent years, there are still far more male entrepreneurs than female ones. In my experience, women feel more comfortable keeping their savings in a savings account than putting it into a money making operation. Men are more willing to spend the money they’ve earned to make more.