I’ve always wondered if men and women view money differently. Well, a new study from investment house Charles Schwab has some interesting findings:
*Fifty-one percent of men, compared to 41 percent of women, say they are actively prepared for retirement
* Women worry more than men about supporting their parents financially, with 12 percent saying it is a serious concern versus 7 percent of men
* Men, however, worry more than women about supporting their siblings financially, with 29 percent of men saying they are concerned about supporting siblings in retirement versus 25 percent of women.
I think this survey pretty much nailed it. I know that I am preparing for retirement, but I have to get more aggressive. I know that I most certainly would worry about making sure my mother is supported financially. And I NEVER worry about supporting my brother. Heck, he gives me nice birthday gifts. I’m not giving that up! I like big bro hook ups.
Do men and women think differently about cash? If they do, in what ways? What have you noticed? Stay tuned for Monday. We will talk about romance and finance.