Women and Money: Adjusting to a modern role
I browse comments from time to time, and there seems to be a slight recurring theme that screams:
Why in the world do women have no idea about what to do with their money, and only rely on their partners to take care of them?
Heck, even I’ve said it in exasperation from time to time: “THERE IS NO WHITE KNIGHT, LADIES!”
I half believe this stereotype because it no longer shocks me to hear that some girl maxed out all her credit cards and is mooching off Mommy and Daddy. Or some boyfriend.
But at the same time, it doesn’t apply to everyone (obviously, as it’s a general stereotype).
It definitely doesn’t apply to me, or many of the great PF bloggers I know personally, as well as my own girl friends.
I’ve always thought that perhaps we’re outliers, but who really knows?
We’d need to really research and survey young women to find out if this stereotype is true for what percentage of the population.
FROM TRADITIONAL TO MODERN
In the past, women stayed at home, men went to work and provided for both of their living expenses and retirements.
Of COURSE he handled all the money. He was the man and the head of the household.
Now that times have modernized, women are increasingly making more money and it’s hard to reconcile what we’ve been taught is “normal”, and change into another role we have no real experience with.
No one gave any of us a handbook on any of this, and our mothers are likely unable to help us in this realm (my mom sure can’t, anyway.)
Women have only just recently entered the workforce, and we’re still adjusting to getting equal pay for equal work.
I am not making excuses for women not knowing how to handle their money, I’m just saying it isn’t the whole picture.
The real solution is rather than get mad and blame women for being flighty because they’re biologically different, we should be trying collectively to inform them about getting involved with their money and taking a more active role.
That’s what I’ve done with my mom as of the past 2 years, and I’m so pleased with the way she’s starting to understand how it works, as she admittedly cannot stand numbers.
Anyway, that’s what a lot of PF bloggers do, isn’t it?
We should also stop assuming that a young girl is too clueless to know anything about money, investing or that she doesn’t watch her money carefully due to self-fulling prophecies and all.
We may be quiet (well, SOME of us 😉 ), but we know what we’re doing if we’re given a chance and taught the basics.
Maybe we just never knew how much fun budgeting could be.