Current belief treats women synonymous with excessive spending – cliché. However, according to several reports, men have crossed the psychic barriers and have skillfully emerged to be the new excessive spenders. Studies have also confirmed that young men below the age of 28 are insanely obsessive with spending - more than 60% of young adults in US alone are under debt.
So what are the tempting factors that make men or women to spend more?
It is a matter of great debate to arrive at the sex that spends more. According to a recent research, women tend to spend more on specific items as compared to men. Men, on the other hand row the same boat when it comes to sports or personal hygiene.