Surprised? Men spend more frivolously than women
Bottom Line: If you’re completely financially disciplined, you’re in rare company. If you’re inclined to splurge that makes you normal. This according to the latest research from the You Spending Survey conducted by CNBC and Acorns. What they found will probably surprise some as the headline suggests.
First, 90% of all of us occasionally make impulse purchases. That means that almost all of us, men and women alike do it. But what we spend when we pull that impulsive trigger... That’s the big difference. Go big or go home seems to apply here. For guys.
The most common impulse purchase for women is a purchase between $25-$50. For guys, it’s $100+. And in fact, men’s habits are more expensive than women’s in every category studied. Usually stereo-types exist for a reason. This may be one where times have changed or the stereo-type never should have existed. Regardless, it’s clear that men are generally more frivolous with money than women. Regardless of how many pairs of shoes she has.