On the other hand, in the management of family finance, women are the main person in charge.
According to the survey, women in China have considerable disposable funds, and the savings amount is 7% more than that of men, about 563,000 yuan, while that of men is 526,000 yuan. Among those who have a partner, 76% of women say they are responsible for managing the financial situation of the whole family, which is 66% of men.
Although women have disposable savings, relatively speaking, men are more inclined to put their investments into practice. The survey results show that the investment amount held by men in China is 6% higher than that of women on average. Men are also more likely to invest in stocks-45% of men own stocks or securities products, compared with 38% of female respondents. 36% of female investors said that they would adopt a conservative investment style and take avoiding losses as the first priority.
Interestingly, when talking about women's performance in market fluctuations, Zhou Wenqun, head of stock investment and fund manager of Fidelity International China, pointed out that although women may feel risk-averse in their expression, they are more likely to bargain for the bottom every time they plummet. Generally speaking, women will invest for a longer time and are more willing to make long-term investments, with the goal of long-term stable return on investment, rather than particularly short-term ups and downs.
The survey "China Women's Financial Health is Accelerating Development" released by China inclusive finance Research Institute analyzes the daily income and expenditure management level of women, and finds that married women have higher financial health scores in "financial planning" and "whether they have enough money to meet their daily basic needs" than unmarried women; On the other hand, married women face greater debt pressure.
At the same time, the sample data shows that the higher the education level, the higher the level of daily revenue and expenditure management. The biggest impact of education level is to meet the basic needs of every day. Bachelor degree or above is obviously better than junior college degree or below, which may be related to their financial knowledge and skills.
In addition, the survey found that women are generally good at "preparing for a rainy day", and the overall financial resilience of married women is better than that of unmarried women, which is mainly reflected in their higher ability of emergency savings and emergency lending, which may be mainly due to their higher income level, more credit accumulation and more family support. However, the married women interviewed are slightly worse than unmarried women in saving money to meet urgent financial needs, which may be related to their more family expenses, such as children's education and buying an RV.