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Online Cash Advance: Is There A Gender Preference?


According to the PEW study, women are more likely to turn to online cash advance applications to get their finances straight, rather than men. From a quick glance, a person may interpret this as women being less responsible with money than their man counterpart.  You can’t say it isn’t entirely accurate, as there are women who are pretty careless with finances; but if we are honest, there are men who are just as bad.

Share The Same Financial Philosophy

Households often split up the responsibilities. In some homes, one person will be in charge of finances either the male or female, while in others the financial job is split or shared. Unless both parties have the same philosophy towards money, there can be some contention in how to handle solutions.

Since women tend to spend more with groceries and children’s needs, they seem to have more impact on the household budget. Even if the man is in control of paying the bills on time, a woman plays a vital role in keeping money in the bank account.  It is safe to say that women tend to have a more day to day role in financial matters even though for each household everyone splits up duties differently.

What would make a woman apply for an online cash advance more often than men?

Daily spending is often the cause of an unbalanced budget. It’s the little things that add up and interfere with a fixed budget expense. Women who do most of the shopping will know when they spent too much at the grocery store or had to restock the pantry; there may be trouble brewing before the next payday. She may opt to obtain a cash advance online loan rather than see overdraft and NSF fees incur when the scheduled bill goes through on time.

Some women hold off on that application and discuss other solutions with their partner. Two heads are better than one when it comes to strategizing money solutions.

Everybody’s financial situation is different

It is difficult to understand to know why there are more women using the short-term cash online loans to keep their budgets on track. Would it be safe to say that it’s the same with credit card usage? Everybody’s situation is different, yet a woman’s role in the household is often managing the everyday mechanics.

Most men trust their partners to manage money

Often men trust their partners and won’t get in the middle of their doings unless the problem is already in full swing, and they are forced to come up with a solution quickly. Maybe this is why statistics show that men tend to use the online cash option less often than their women counterparts.

No matter who is applying for a cash advance online loan, what does matter is that correct handling is needed. Better yet, work together, so everybody involved understands where the financial budget stands.

About Holly Petherbridge

I am a Blogger, Web Content Writer, Teacher, Mom. A woman of many hats. As an elementary teacher, I had always encouraged my students to write more. I find myself falling back on my own teaching techniques to share what I know about building and rebuilding personal finances.
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