Men vs. Women on Financial Planning

Also True for Medical Professionals?

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Statistics show that men and women handle money differently. While there are exceptions to every rule, men generally are better prepared for retirement, are more willing to put money into savings, pay off credit card balances in full and are more educated about investing. Men are also more prepared for unemployment, which is fortunate because there are more unemployed men than women in the U.S. and the growth of the unemployment rate for men is currently outpacing the unemployment rate for women.

Source: BillShrink.

Assessment

But, is the above true of male and female doctors and medical professionals?

Conclusion

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4 Responses

  1. Women and Leadership

    Over the course of thousands of years, men have continued success in their dominant roles. However, it’s no surprise that 21st century data seems to be leaning toward the women.

    Link: http://www.infographicsarchive.com/people/equality-in-leadership/

    This infographic illustrates the success and independence that women have now experienced. Not only in relationships and family, but in business & education, have women see increasing gains of power.

    Source: educationalleadership.com

    Like

  2. The Truth About Work / Life Balance

    Most of us strive to achieve a balance between our professional and personal lives. The key question: Is such a balance possible?

    There are numerous pieces of advice, articles and books devoted to the concept of work / life balance. It’s something that most Americans strive to achieve.

    It’s too bad that, in the opinion of many, such a balance may not really exist.

    http://www.baselinemag.com/c/a/Careers/The-Truth-About-WorkLife-Balance-130445/?kc=BLBLBEMNL02212012STR2

    Joan

    Like

  3. On the Gender Burnout of Doctors

    I don’t know about financial planning gender differences but physician burnout presents differently in male and female doctors.

    http://www.kevinmd.com/blog/2012/02/physician-burnout-presents-differently-male-female-doctors.html

    And, numerous studies have shown that an average of 1 in 3 practicing physicians are suffering from symptomatic burnout on any given office day worldwide, regardless of specialty.

    Dr. Emily

    Like

  4. The Affluent Gender Shift

    Two broad findings highlight how the economic challenges of the past few years have fundamentally changed the relationship between the affluent investor and financial advisors.

    http://registeredrep.com/news/the_affluent_gender_shift_22912/?NL=09-RGRa&Issue=09-RGRa_20120303_09-RGRa_516&YM_RID=marcinkoadvisors%40msn.com&YM_MID=1295242

    Zoe
    http://www.amazon.com/Comprehensive-Financial-Planning-Strategies-Advisors/dp/1482240289/ref=sr_1_1?ie=UTF8&qid=1418580820&sr=8-1&keywords=david+marcinko

    Like

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