Men and Women are Different

Men and Women are Different When it Comes to Money 

It’s been said that women are from Venus and men are from Mars. It turns out the differences between the sexes are apparent in their financial affairs too. Before we get too far, let’s remember that different doesn’t mean bad. It’s just…well…different. The point is women and men can learn a thing or two from each other when it comes to planning for their future.

Here are the top three differences between women’s and men’s saving habits.

Women tend to…

  • Be slow to act where money is concerned. They think things through and place a lot of value on working with an adviser they trust.
  • Freeze and not act when they don’t know something or what to do.
  • Be more interested in saving.

 

Men tend do…

  • Make snap decisions and will work with anyone they believe can earn a higher return.
  • Guess at what their best move should be.
  • Be more interested in investing.

 

Regardless of gender, everyone needs to start saving for retirement sooner rather than later. Use your strengths to play it safe, work with someone you trust, and have a long-term goal. That’s the surest path to a worry-free retirement.

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About Kris Miller

For the past 20 years, my clients have relied on me as a PREtirement and living trust expert. I’ve become known as The Money Maestro, Credentials for Kris Miller, ChFEBS, CSA, LDA Certified Senior Advisor and Estate Planning Specialist for more than 20 years Charted Federal Employee Benefit Specialist Licensed Legal Document Assistant (Paralegal in California) Licensed to offer life insurance and long-term care insurance (State of California and Tennessee) Owner of Trusts Unlimited and The Living Trust Institute, a legal and financial document preparation service Member, Society of Senior Advisors Member, National Speakers Association Experienced speaker offering keynotes, seminars, and workshops on retirement and estate planning throughout the United States Nominated as 2010 Woman of the Year and best Customer Service by the Hemet, California, Chamber of Commerce Nominee and winner in three categories in the National American Country Music Awards and Inspirational Country Music Awards for songwriting (2008, 2009, 2010) Nominated Inspirational Music’s Songwriter of the Year
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