Personal Finance Management among Gender

Abstract

Finance is the primary mechanism to developing a country. The gender dimension presents a service to developing finance mechanisms and its results consistent with the general development purposes, including the two main components, the female one and the male one. The main clauses which are part of a potential in all groups of society should definitely include both gender because these two, participate and benefit from the economic development. The new research in macroeconomics shows that in many cases, economy development politics are formulated without gender consciousness. This not only strains the situation but makes it difficult to achieve macroeconomics purposes. There are cases when the growth is achieved at the expense of gender equality. The proverb “Men come from Mars and women come from Venus” might be true especially when it comes to their views in finance. The way a man and a woman view the decision making in finance management and the connection they have with the money, shows that the two parties come from different universes.

DOI: 10.5901/mjss.2014.v5n3p170