Do men and women save or spend differently? Do they tend to opt for different investment avenues? Here are the answers to all the questions you have had about the differences in how men and women manage money.
Noticing the polarizing effects finances can have on the most committed of couples, we take the complexity out of it by laying down some ground rules.
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How I did it
I am a single mother of one. I lost my husband just 5 years into my marriage. Life has been a struggle for me, but I have managed it and today I have no complaints.
I was a young widow with a 3 year old son when my husband passed away due to a heart attack. My parents were my rock… Read more
I am a CA by profession. As my training has taught me, investing is a big part of my financial strategy. I am slightly risk-averse and invest heavily in mutual funds, FDs and ULIPs. I stay away from the stock market.
As the household expenses are taken care of by my husband, I use most… Read more
Growing up I did not have much other than the bare necessities. Though my mom tried her best, she could not fulfil our wishes. I always knew I had to study and improve my life. Today, I own a bike, a car and my own humble house. This has only been possible because of my prudent wife.
I like to work hard and live a good life. I want to give the best to my wife and son, as well as my parents who live with us. I own a gas station in the suburbs of Mumbai. I had taken a loan to set up my business. So a major chunk of my earnings goes in repaying the loan. I also have a car loan… Read more