ARTICLES > The Top FIVE Things Women Spend Their Money On .
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The Top FIVE Things Women Spend Their Money On . The Top Five Things Women Choose to Spend Their Money on.Men and women are different, we all know that. Those differences tend to translate into the way we spend our money. In general terms, women have been taught to invest in lifestyle and children, while men have been taught to invest in things that hold value like a house and retirement. Women are trained to nurture and seek acceptance and so view money as a means to create a lifestyle. Women spend on things that enhance day-to-day living. Theirs is a now-money orientation. According to surveys conducted in the USA, the top five things women choose to spend their money on are: 1. Shopping An average woman will spend 8.5 years of her life shopping. According to a Consumer report, women make up 70% of all consumer spending in The United States with 60% of online shopping being done by women. But, while women may come home with a lot of shopping bags, the total cost of a women’s shopping isn’t even comparable to a man’s number one spending choice. 2. Beauty With the popularity of gossip and fashion magazines and with wealthy reality TV stars often gracing the covers, everything from anti-aging products to cosmetic surgery has women spending thousands of dollars a year on beauty products in order to look as good as them. This exploding industry has come from the long agreed viewpoint that looking good makes people feel good and the market that appeals to these emotions is boundless. 3. Health and Fitness Woman often have a fear of growing old, looking old, illness and death. With that comes the spending on preventative measures and natural remedies to stay fit and healthy. The simple fact is, women care more about a healthy lifestyle and about looking good. 4. Love/Online Dating The booming online dating industry sees millions of dollars being spent on personal ads, online dating websites, relationship books and this even extends to pets, with women choosing their partner based on the pets each owns. 5. Home Furnishings Women enjoy spending hard earned cash on making the home warm and friendly for their families and guests. It is now not uncommon for women to save up for new bathrooms and kitchens rather than holidays.
Click here to read The Top Five Things Men Choose to Spend Their Money on. This article was adapted from an article by Alban, a personal finance writer at the Australian company, Home Loan Finder - www.homeloanfinder.com.au. |