Most women are canny spenders. It’s no secret that in most homes, it’s the woman of the family that’s in charge of controlling household expenses. This is proof that women are money-smart and know where and when to spend money. Also, in a departure from the past, more women today are interested in gaining financial knowledge that helps them manage their money better. In fact there are plenty of women who are looking for information about financial planning that helps them plan for their retirement; this means they have an eye on the future as well, when it comes to money management. Women, and men might refute this assertion, are as clued in about planning their finances as men, if not more! In fact according to a study, women become smarter about money as they age, but the financial literacy levels of men can actually decline as they age.
This infographic visually captures the reasons that make women money smart and what makes their financial grey cells tick? A look at the infographic and you will realize that women really know their money.