Men Or Women – Who Is Better At Managing Money? – Dave’s Diary

Wednesday is April 15 – otherwise known as Tax Day.  It’s also the day we hear from Clark and Rob from Financial management Inc. at 7:40 during the Morning News.   Coincidence? I think not. Whatever.

It’s also the day you can compare yourself to your fellow Americans as they wrestle with finance and money management.  Men’s Health Survey says:

• 68% of American men and women agree that women are better at managing household finances, including managing bills and household spending.
• More than 60% of Americans think men are better at managing investments.
• Men are also almost twice as confident as women (29% vs. 18%) when it comes to investing in the stock market and putting money into retirement accounts.
• When it comes to the stock market, less than 13% of Americans consider themselves to be very confident about investing or putting money into retirement accounts.
• 50% of American men and women are more intimidated by investing in the stock market than doing their own taxes (34%), completing mortgage applications (24%), technology (19%) or their in-laws (10 percent).
• Women are 56% more likely to give up sex than men if that move could eliminate their debt.
• When it comes to sex versus chocolate, chocolate wins. Women are less willing to give up chocolate and shopping than they are sex and alcohol to eliminate debt.
• Men are more upset about losing a job (46%) than about an unfaithful spouse (39%) or accumulating debt (34%).
• Women are likely to be more upset about an unfaithful spouse (44%) than losing a job (40%) or accumulating debt (27%).
• Women are more likely to be upset about gaining weight (30%) than accumulating debt (27%).
• Men said they'd be more upset about accumulating debt (34%) than gaining weight (24%).