by PLAYER57832 on Mon Apr 16, 2012 2:45 pm
Not going through this whole thread, but jones has a good point. Many women who are "stay at home" moms know more about finances than their husbands. Many working husbands are just too busy to do things like fiddle with taxes, worry about where to get the cheapest groceries, etc, etc.
Sure, you have som 1950's style families where the man and ONLY the man handle the checkbook, but I see plenty of women who know far more about everything from basic bills to investments than their husbands.
BUT... and this is the real point. Most average people don't know much at all about stocks, bonds, and equity funds. They try to find a decent mutual fund and basically have to "hope" things work out well.
See, most people, whether taking care of kids, building the car you drive or tending to your elderly mother are just plain too darned busy WORKING and paying their bills to have the time to research investments. That's why its important that they be able to do those things and know that, in the end, while they might not be wealthy, they will be able to go to the hospital when they need, get their kids educated and reitre in relative decency.
However, too many seem to think that makes those working people greedy, stupid and lazy dregs on society. The only ones who count are those who studied investments and managed to get wealthy.
