Statistics have proved that women make up for nearly 85% of the consumer market. This amounts to an enormous potential not only to sell goods to women but also to lure them into the debt trap. Also it has been found that women have a tendency to purchase much more than men as it is they who generally do all the household groceries and other purchases. Women also spend a lot more than men on dressing and grooming themselves. It is not a surprising fact that women enjoy shopping much more than men. All these factors eventually amount to women falling deeper into debts than men.
Compared to women, men are more clear-cut in their views on purchasing goods. They buy only what they require and are seldom seen looking around the marketplace for things that may catch the eye. They perceive themselves as the breadwinners of the family and hence, try to refrain from taking loans. Also when they do take a loan it is generally to purchase a house or a vehicle which are considered as assets.
The number of women filing for bankruptcy in the age group of 18 to 34 is the second highest compared to all other age groups. This is due to the impact of celebrities and actors on the youth. The youth try to imitate these people and end up spending a lot on high end designer labels and other brands. People today are more conscious of their image than ever before, resulting in a fast increasing credit card debt.
Another reason is a corresponding decrease in knowledge or interest in savings or financial management. Also women find it necessary to evolve with the fast changing fashion trends. The situation is not as serious in the fashion world of men. Couture of men is not considered outdated say within a year itself.
Further women also experience an emotional bonding with money. They see it as a symbol of security. Women have a nature of showing their love, aims, independence in the form of money. As far as men are concerned, money is just money. Since from the time they are teenagers boys are given the entrepreneurial freedom while financial ability of a girl is always under supervision. Women treat money as a thing to improve their self belief or bring them joy. These qualities are imbibed since people are young and can be a blessing or a curse depending on how one implements them.
Credit Card For Women
There was a time when wristwatches used to be an insignia of status, power and authority of a person. Also, they were the only source for measuring the time. Now, wristwatches are essentially being treated as a fashion icon since there are many other gadgets such as cell phones that come with a clock among other features.
However, wristwatches will always retain their class. Buying a wristwatch can be extremely tricky as the market is flooded with numerous brands every month. However, if you are choosing to buy your wristwatch with a particular purpose in your mind, it becomes a lot easier. Then again, it also depends on the fact whether you are a regular buyer of wristwatches or buying it for the first time. In either case, the following tips can help you make buy the right wristwatch you are looking for.
If you are first-time buyer of wristwatches, consider the following aspects:
Needs: while you are thinking of buying the wristwatches, take into account about your specific needs. What are you buying a wristwatch for? Is it for outdoor activities or do you want to wear it to work? While a casual wristwatch will fit your outdoor activities, a dress wristwatch will add substance to your personality at work. Imagine a boardroom scene or meetings with your client, and you can never think of wearing a casual wristwatch there.
Budget: It always plays a lead role in deciding the wristwatch you want to buy. When you go to any leading store at any downtown area or surfing the net hoping to bump into your favorite wristwatch model at a discounted price, you will be spoilt for options. However, getting to know your budget will help you focus on your target brands only and take a lot of headache off you. Buy a Timex or Rolex as per your budget. Many Internet sites offer irresistible options for buyers with wide rage of budgets.
Features: Surely, you don`t want your wristwatch for timekeeping purpose only; just like cell phones are not meant for only talking anymore. This essentially means your wristwatches must have some additional features on them such as date, alarm or timer. Remember, wristwatches with some additional features may cost you a little more than usual. Hence, it is up to you to decide if you want any of these particular features on your wristwatch. Moreover, decide if you want to buy an analog or digital wristwatch. Again, this comes to your personal needs.
Waterproof and Scratchproof: Many wristwatch buyers consider this option seriously while buying wristwatches for them. Nobody buys wristwatches for a particular season only; your wristwatch must keep ticking through the rainy season as well. Hence, this is an important decision make. Moreover, if you are a person who is regularly exposed to water, you would do well to buy a waterproof wristwatch. Again, your wristwatch should have scratch-resistance surface as well.
Battery: Make sure you know what kind of battery your wristwatch runs on and how long it last. It is always a good idea to go for a timepiece that doesn`t make a hole in your wallet once in a while.
Fit: A wristwatch is only as good as it fits on your wrist. A wristwatch may have a load of features but if it doesn`t fit nicely on your wrist, you will feel very uncomfortable and in all probability, chuck it out soon. At times, some smart-looking and richly-featured wristwatches may feel heavier on your wrist. Hence, it is wise to go to an outlet yourself and try out different wristwatches on your wrist to decide on the most comfortable timepiece.
Both Jay Moncliff & Roberto Sedycias are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Roberto Sedycias has sinced written about articles on various topics from GPS Cell Phones, Writing and Movie Reviews. This article can also be accessed in portuguese language from the Article section of page Roberto Sedycias works as IT consultant for. Roberto Sedycias's top article generates over 1500000 views. to your Favourites.
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