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Five differences between women and men and their effects on our relationship with money

  Today is International Women’s Day and although we are not very big in celebrating it in the UK – we have shifted our celebrating to the much more politically neutral and commercially expedient Mother’s Day – I want to mark it. After all, I am from Bulgaria where people really believe that ‘men are the head of the family but women are the neck’ and celebrating women and their strength is important. Every 8th of March Bulgarian women get flowers from husbands, lovers and children. International Women’s Day started as a socialist event to promote equal rights for women, including the right to vote. A century later most women on the planet vote, and most women have access to labour markets but we still earn only 10% of the world’s income and own less than 1% of the world’s property. This is despite the fact that women a becoming more and more prosperous in the Western world; this is not ‘the world’ right? Is there anything specific about women and money? This made me think about key differences between the way in which men and women relate to money. I believe that apart from the layers of cultural conditioning the different ways in which men and women relate to women boil down to the following:

100 words on writing

For lazy, restful Saturdays, I am introducing posts on different topics that are exactly 100 words each. I know that Len Penzo does this but it looked like such good fun that I decided to have a go. These short pieces gave me great pleasure to write and I hope…

If you fall in debt, would it be forever…

When people fall in love they assume that it is forever. Despite evidence to the contrary I am still to meet anyone who falls in love just for ‘the season’. Strangely, when people first realise how much consumer debt they are in, they have the feeling that it is forever as well. Only difference is that this is not the light headed feeling of love but the suffocating dread of getting a life sentence. At least this is how I felt when I first realised how serious the situation really was.

If the peeps at Positive Money are to be believed and debt is really a mathematical certainty, you have either been, are or will be in debt. There are two approaches to debt: it is either ignored till it is too late or people decide to do something about it; like pay it off.  In any case, it feels forever. It doesn’t have to be and here is how we can ensure that debt is temporary, it is a glitch in our movement towards wealth, prosperity and abundance.