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Why Women Love Money

Gold digger. Fashionista. Socialite. Debutant.

Women have commonly been called names that suggest their obsession with money. Furthermore, we’ve often seen a hot woman with an older man and thought one thing: “he must be rich!”

It’s a bad rap for women.

It wasn’t that long ago that women were expected to be homemakers. To never handle the finances. To ask for an allowance to buy necessities.

Now we’re making our own money.

We have our own careers. We buy our own homes. We take care of ourselves.

No longer are we seen as needing a man to take care of us. We take care of ourselves.

According to Forbes, a historically high number of women are not only earning as much as their husbands, but more.

So why are women so money obsessed, as we’ve been branded in the past? We’re now seen as more career driven and have put off the age of getting married and having children, and we do it all for money. It’s not all about the money, it’s about something else.

1. It’s About Independence. Back when women were expected to be homemakers and weren’t even allowed to get jobs they used to get married as early as possible. There was no chance for independence because they needed to find someone to take care of them.

Now that women are making their own money they don’t need to get married so young because they don’t need anyone to take care of them. Making our own money has allowed us to be completely independent. That’s one reason why money is so important to us. We decide who we marry and why, instead of looking for a man who can “take care of you.”

2. It’s About Freedom. Imagine having to ask your husband to be able to buy an outfit you wanted. Even worse, imagine being told no.

A certain amount of freedom comes with being able to spend your money on what you please. You don’t have to justify anything to anyone, it’s your money and you can spend it however you’d like. No longer do women have to ask for an allowance, they have the freedom to make their own decisions.

3. It’s About Knowledge. I’m sure you’ve heard this story before: a woman who doesn’t make any money lets her husband take care of the checkbooks. She doesn’t know how much money they have, she doesn’t know what their bills cost, and she doesn’t know where the money goes each month, or even what comes in. One day she finds out they’re 100K in debt, with their house mortgaged, and everything they ever had on the line.

The most important thing when it comes to having your own money is having the knowledge that comes along with it. You know how much money you have and you’ll want to know how much everything costs. Knowledge is power and you won’t want to hand over your money without the knowledge of where it’s going.

4. It’s About Equality. Marriage is supposed to be 50/50 but when someone holds the power, the scales are tipped. Money creates an equality between men and women.

Don’t believe me? There are countless stories out there of men being put off by their wives making more money than them. You don’t think that a man wouldn’t want a couple of extra dollars coming in? They would, but they’d prefer it be from them. It’s a power thing.

5. It’s About Time. We are sick and tired of the way things have been in the past. We know that it’s about time that we started to prosper the way that we’ve seen men do. We’ve been waiting so long to break out and show our true earning potential that we’re ready to see it finally happening and don’t for one second take it for granted.

Every couple, every woman, every person has their own situation going on. We all find our own grooves and place importance on different things. There is no argument that a stay at home mother isn’t putting in her share of work. We applaud every woman who leaves their job behind to take on the hardest 24/7 job that anyone has ever had. Leaving that job behind, or even leaving it for maternity leave is hard because it takes us out from a place where we can exercise our right to earn money and find the specific kind of independence and freedom that our own money brings us.

To all of those people who have branded women as money hungry, they were right. We are money hungry and we plan on making our own money. Now that we’ve seen what it can bring to us, I doubt you’ll see women going back to early marriages to become homemakers again.

Taylor Brown

Taylor Brown is an Associate Editor at Goddess Connections for the Women Who Run It E-Mag. She graduated from Wilfrid Laurier University with a Bachelor’s Degree in Communications Studies. She is a resident of Toronto and she has a passion for exploring topics on health and fitness, and enjoys writing stories about women’s issues. She also enjoys writing about business and how to build a career. When she is not working for Women Who Run It you can find her exploring Toronto, going for jogs, or simply enjoying life as a strong, empowered woman who runs it. Her goal is to share stories that help women of all walks of life take control of their lives and create balance with ease.

Comments (2)

  • Avatar

    Teraya Smith

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    This article was fantastic! I love the spin that was taken on women and their love of money. I believe that all of the reasons stated above are true. Money is about equality, freedom, independence, and knowledge in the way the we strive to have these things just as much as men do. If men can be money hungry why can’t we?

    • Avatar

      Olivia Mainville

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      I agree, I wasn’t sure where this article was going to go when I clicked on it, but I was pleasantly surprised. You have named all the reasons why money is important to a woman, and none of these reasons are superficial at all. Nice!

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