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Things women wish men knew about money, and vice versa

Posted Feb 09 2008, 07:00 PM by Karen Datko
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Do women and men have different approaches to money? Maybe. Maybe not. But there are differences between the sexes, and two bloggers offer thoughtful observations about how to bridge that gap from a personal-finance point of view.

Lynnae at Being Frugal presents seven things women wish men knew about money, and Ron at The Wisdom Journal gives readers seven from the opposite point of view.

We particularly liked these observations by Lynnae: "Being there is more important than having money" and "Day-to-day actions speak louder than expensive gifts." At the end of her post, Lynnae says she realizes that many of her points fall under one theme: "Most of them have to do with letting a woman know that she is loved."

On the male side, Ron wants women to understand that men are driven by a need to be respected, particularly in the area of money, even when they don't have all the answers. "We almost can't handle being thought inadequate, like you cannot handle the thought of being unloved and unwanted," he said.

But, he admits, many men don't understand how to manage finances effectively, and many are worried about not saving enough money for retirement. He adds that men's financial shortfalls should never be fodder for girlfriend talk. He writes, "Never embarrass us by talking about our personal financial situation to others, especially in public." 

Most men would probably agree with No. 6 on Ron's list: "Money issues should never get in the way of physical intimacy." He adds: "We're already self-conscious enough about making enough money, managing it right, and making sure our family is well cared for. Do I really need to go into any more detail here?"

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