Some studies have shown that women are wiser than men in saving and making investments for a more secure financial future.
Other analyses showed that women with a full-time job in the USA mainly earn less than men, but they manage to spend their finance better and wiser.
Here is how…
1. First of all, they mainly use debit cards instead of credit cards
According to the recent studies, men appear to have higher credit card debt than women. This means that women tend more to use debit cards whereas men are more frequent credit card spenders.
Hence, women generally are more aware of how much they can afford themselves whereas men don’t care much of the high interest rates they are paying when using credit cards.