The Importance of Being Smart with Money: Breaking the 'Girl Math' Trend

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Finance News

Money,Budgeting,Saving

In a time where saving money feels next to impossible with the rising costs of absolutely everything, we know how hard it is to budget. This article discusses the 'girl math' trend on social media and highlights the importance of young women being smart with their money.

In a time where saving money feels next to impossible with the rising costs of absolutely everything, we know how hard it is to budget.

While I am guilty of saying to myself “girl math” when I pay for something in cash, or spending more money to get that free shipping, recently I have been looking at my spending habits and realising that I can’t girl math myself into saving for a house one day. While some of the examples may only seem like a couple of dollars or cents, she gives us the figure of just how much this adds up to by the age of 60: $82,000… Great.A study carried out in 1995 saw that women in car dealerships were shockingly quoted $200 more than their male counterparts, and Black women were quoted $400 more.

More often than not, it’s the sweet treat you buy yourself every day adding up and eating into your paycheck rather than the odd materialistic purchase. If you do see something during your daily scroll that you feel like you must have, use the two-week rule. Instead of buying on a whim, wait two weeks to decide if it’s truly what you want or need. By giving yourself that pause, you have a better chance of avoiding impulsive purchases.

Money Budgeting Saving 'Girl Math' Social Media Women Finance

 

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