Money Mistakes Women Make More Often Than Men


3. Retail Therapy

There is no greater past time associated with women than shopping. This is an obvious insult to them for but most people wouldn’t care. But wonder of wonders, most women look to shopping when they are happy or even distressed. This has got less to do with psyche and more with socialization. Shopping is regarded as a great way to strengthen bonds with other women and so its importance. Still, if such women love to shop till they drop, this will prove to be disastrous for their financial status. But such women must learn to distinguish good purchases from mere impulses. So, shop wisely, else it shows your incompetency to manage your finances.