Back
Greg
👤 • 3m
Umm interesting observation and while it's a generalization, it points to potential underlying differences in societal expectations, financial priorities, and personal values that can influence spending habits across genders, especially in a culturally diverse country like ours. In many parts of India, men are still traditionally seen as the primary or sole breadwinners and financial providers for their families right. This can lead to a stronger emphasis on saving, investing, and meeting essential family needs before personal luxuries. The pressure to provide for a family's future (education, marriage, healthcare) can make them more risk-averse in spending. For women who might have historically had less control over household finances, even a smaller personal income provides an opportunity for independent spending decisions, leading to choices that fulfill personal desires. This is my personal take, would love to hear from others as well
More like this
Recommendations from Medial
Adarsh Patél
Hey I am on Medial • 7m
Mastering Personal Finance: A Comprehensive Guide to Building Wealth In today’s fast-paced world, understanding personal finance is no longer optional—it’s essential. Whether you’re saving for a home, planning for retirement, or trying to pay off de
See More
Deepasnhu Chail
Mastering the Game o... • 1y
Nykaa Founder Falguni Nayar self-funded the launch of her e-commerce beauty startup Nykaa by investing over $2 million from her personal savings and borrowing funds. She started by renting a small space and packing orders herself with her family's h
See More
Ankit Dubey
Web Developer || Vi... • 1y
What Defines Success? Education vs. Financial Stability ✨ In today's world, we often measure success in different ways. Here's a scenario for you to consider: Person A has less education but earns a higher income compared to a MBA graduate. They ma
See More
Download the medial app to read full posts, comements and news.