They’re more likely to choose wealth over finding true love.

Both men and women believe their sex is best at handling money — but more women prefer to keep what they make and spend closer to the chest.

Men are more likely than women to share their bank records over their internet browser history, says a study from digital wealth management firm Personal Capital.

“Love should be about the heart, not the wallet, but even the strongest romantic bond will sometimes be tested by financial realities,” says Personal Capital VP Michelle Brownstein. “When it comes to money, men and women often have vastly different attitudes, so couples should have those conversations early in a relationship to build a foundation of trust and honesty.”

Even if talking about money makes most couples feel uncomfortable.

Couples and finances reported before that couples are nervous about having a joint bank account and talking about money with their partner.

Three quarters of Americans share a bank account, but almost a third are nervous, confused, or afraid of saving with their partner, says a study from financial service group John Hancock. Seventy percent of couples only talk about money casually on occasion. It makes sense they can’t determine which sex is better at handling money.

Both sexes are torn on who invests best, but agree women budget best, according to Personal Capital’s study. Seventy-three percent of women think they’re more skilled at budgeting, and 54 percent of men say the same. Only 10 percent of women say budgeting is a top financial skill of men, while 21 percent of men agree.

Seventy-one percent of men and women alike believe both sexes make good investment decisions. But, both agree men are better at investing along with a few other financial skills.

Both sexes feel men are best at these financial skills…

  • Negotiating: 43 percent
  • Making large purchases: 35 percent
  • Investing: 34 percent

With different financial skills it makes sense that men and women have different money fears.

Investing disparity

Men and women may feel torn on who invests best, but research shows women invest at lower rates than men. This makes women fear retirement more than men, because they haven’t saved enough to cover their longer life expectancy.

Fifty-five percent of women fear outliving their retirement savings and investments, compared to 49 percent of men, according to Transamerica Center for Retirement Studies (TCRS). Women earn 80 percent of what men do, says TCRS. And 54 percent of companies claim to have an equal pay policy, but 1 in 3 women disagree.

“Women continue to encounter financial risks that put them at a distinct disadvantage compared to men with regard to retirement security,” says president of TCRS Catherine Collinson.

Fewer women investing isn’t only a problem in the U.S. — it’s a global concern.

More than 1 billion women around the world are banned access to banking and financial products, the Wall Street Journal reports. Granting them access to financial products will unlock $330 billion in annual global revenue, the United Nations Foundation says.

President and CEO of the United Nations Kathy Calvin feels economically empowering women benefits more than only women.

“Markets grow, women thrive, and families and communities are stronger,” Calvin says. “Closing the gender gap in access to financial products and services is an opportunity and obligation we can’t ignore any longer.”



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Joe Pye

Joe Pye

Associate editor

Pye is the associate editor of

Budgeting & Saving

budgeting, money management

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Article last modified on June 11, 2018 Published by, LLC . Mobile users may also access the AMP Version: Men Love Money More Than Women Do - AMP.