An Epidemic of Feminism on Credit Card Deals Market
Women's purchasing power has already become a proverb and a byword long ago. Even before a girl learns to hold a dollar in her hand, she already has a clear recognition of what she wants to spend it on. Sounds a bit ironical. But financial experts have singled out a trend that a greater amount of credit cards is used by women.
Statistics experts have carried out a survey recently. After analyzing some particular products categories that people shop for with credit cards, the researchers have found out that women use credit cards more often than men. And women's preferences in merchandise types differ from men's ones.
The research has shown that men do not spend much money on travel and entertainments. They shop for a great deal of music CDs, DVDs, and books, though. Another substantial expenses item on the men's purchases list is car-related products and services. The surprising revelation was that it is men, who overspend making purchases at supermarkets!
As for women, the results of this survey discredit the stereotype that women go too far in their expenses. Just the other way round, women are more reasonable credit card holders than men. The fair sex shop mostly for groceries, house ware, baby products, and gifts. What was unexpected is the fact that women spend considerable amount of money on... gas! This seems quite weird, as this product is more likely to be found among men's spendings.
Actually, there is nothing strange about that. In the twenty first century when women get more and more independent and feminism still gains more points, ladies occupy men's positions in the office, deal in politics, raise children on their own and even do bodybuilding. No wonder that driving a car has become a habitual everyday activity for women a long time ago.
What is curious is that such emancipation credit card use tendencies are spreading like an epidemic not only within the USA, but all around the world. Even in the countries where cashless payment systems are only at the stage of establishment and development. The statistics facts witness that the number of Indian women applying for credit card deals exceeds the number of men that fill out credit card applications.
Another indicator of credit cards frequent use by women is the rising number of credit card services for women. The appearance of such services also reveals the fact that the way different genders manage their finances are not the same.
Though there is a widespread belief that men are guided by common sense, that they are more rational and intellectual than women, when it comes to money matters they sometimes lose to the opposite sex. Since the dawn of time women have been the hearth and home's keepers, which helps them to manage family budget in a reasonable way.
Besides, women are not gamblers by nature. Men sometimes do face a problem of resisting the temptation to play a game of poker or challenge their fate playing the roulette.
So, no matter what stereotypes dictate us, the reality might be just opposite to that. Now you know you can easily entrust your wife or girlfriend with your credit card and be calm about your account.
max hannah 01:43 AM, November 14, 2007
women...women cant treat creditcards properly. you guys should develop some kind of special plastics for them with huge fee and stuff.
Identity theft cases have become as common as dirt. The crisis US economy in at the moment triggers the rise of credit crime rate. Crooks do not even have to invent new more sophisticated ways to steal credit cards or identities themselves. Credit consumers struck by credit market crunch do not think much about protection against thieves now.
But now taking security measures against credit fraud is more important than ever. Say you discovered that you fell victim to identity theft. Do you have an instant action plan? Do you know what to do in order to minimize the grave consequences the fraud can bring about? Credit report freeze is the answer.
View full story Comments (0)
Too much is never enough. Especially when it comes to money. Your income is the cap on the amount of money you can spend. But if you have credit cards, your buying power increases and your spending limits do not bother and restrain you that much. However, nearly every credit card holder would not refuse to have a bigger credit limit.
Even if you carry a no limit plastic, you still have a cap on credit card spendings. Your highest balance is usually considered to be your limit. But can you increase your credit limit? And how will it affect your credit score?
View full story Comments (0)
Credit consumers, who want to highlight their financial standing, can find credit products that will fit their interests. There are the so-called status-credit cards on the market. Customers can choose silver, gold, platinum or black credit cards. All of them give certain privileges and that very status to their owners.
What is interesting, you do not even need to have excellent or good credit and really high income to get one of the status credit cards. They are available to bad credit owners as well. Let's take a closer look at Gold credit cards. Learn more about features, options and services that Gold credit cards offer.
View full story Comments (0)
