How Women and Men Spend Their Money

Both men and women lie to their partners about their spending, but the money similarities between the genders seem to end there. Viviana A. Zelizer explores the differences in a Wall Street Journal article, writing that women in many different cultures are more likely than men to direct money toward their children’s well-being:?”Culture matters and so do social ties. Women are often held to higher standards of morality in spending. Despite jokes about women as spendthrifts, mothers (and grandmothers) are expected to consider their children’s needs as paramount. Selfless spending becomes a hallmark of moral virtue.” Policymakers have taken note of these tendencies, and many aid organizations now reward funds primarily to women. [%comments]