3. Excessive Spending on Women

Men and their fascination with spending excessively on women is as old as their interest in power. It might be a woman’s paradise to receive such undivided attention and tons of gifts too but men damage their financial health in the process. Men can spend on their lady loves but they ought to know when to draw the line. Jeopardizing one’s financial status is not a solution to pleasing women. Even if the ladies do not ask for a royal treatment, men think of it as their birthright to spoil their loves. If men continue to harbour this feeling, their finances will surely suffer in the long-run.

4. Buying Costly Gadgets for Show

Gadgets are to men what bags are to women. These connections are eternal. Both genders love showing off their accessories to the entire world as it is a form of expressing themselves. If women go over-board with shopping for shoes, bags and clothes, then men go gaga over gadgets. The very sight or even smell of new gadgets draws guys’ towards them. The problem with this is – men do not know when to stop. We all love owning the latest gadgets but going crazy with it only to show-off to peers is uncalled for. If men continue to do this, it will take a toll on their financial health.