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1,031 people respond: How they spent money on Valentine’s Day

February 24 8 Comments latest by William

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[Update: Check out Slide #5. It’s hilarious how the percentage of men and women who bought “intimate apparel” is…equal.]

A few days ago, I asked you how much you spent on Valentine’s Day. With 1,031 responses, here’s the analysis (RSS readers, click here to see the slides).

Click for a larger view

See my other survey results about money here.

As usual, thanks to Rob from FindABetterBank (give it a shot and see how your bank compares).

If you have any particular data you want to see in upcoming analyses, leave a comment here with an interesting idea. Dumb ideas will be mocked.



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1,072 people respond: “Are you spending less because of a possible recession?”

February 1 25 Comments latest by Smith

[RSS readers, click here to see the slideshow in this post]

Earlier this week, I took a survey on whether people were spending less because of a possible recession. In just over a day, I got 1,000+ responses (like my earlier research on women and gender). I have very low standards, so two successes is enough for me. Today, I’m announcing that I’ll be doing regular surveys on interesting personal-finance topics. If you have an idea, just add a comment to this post. You’ll have access to a large user base and professional analysis. Basically, I’ll do all the work!

Before I present the data, I want to give a huge thanks to Rob Rubin, who’s helping with the analysis. He’s got a great suite of products:
1. First, search FindABetterBank to find banks that match your criteria (high-interest, online, local ATMs…)
2. Once you match, use BankSwitcher (”Switching banks is hard…we make it easier”)

Rob is so great that last night around midnight his time, I pointed out that he was missing my favorite checking account (the Schwab checking account). By 9am this morning, he’d added it to his database. Please check out his sites — they’re extremely useful.

Without further ado, here are the results of this week’s survey! [RSS readers, click here.]

Slide 2 — Women and baby boomers are most worried about a recession.
Slide 4 — Most people have reduced their spending by less than $50/week, but 14% have cut spending by over $100/week.
Slide 6 — Restaurants and recreational expenditures are likely to be hit hardest by lower spending.

[Too small to read? Click here for a larger version]

What questions would you like to see in future research? Leave a comment here.



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13 stunning differences in how men and women think about money

September 6 57 Comments latest by Rachel

Digg this!

Thanks to the 35+ comments on the last post, Rob from BankSwitcher (”Switching banks is hard…we make it easier”) was kind enough to re-analyze the data from my survey on gender and money (n=1,167).

Below, you’ll see red highlighting around areas where there are dramatic gender differences. For example:

  • Slide 10: Guess who negotiates their salary more?
  • Slide 12: Indulgences by gender
  • Slide 16: Feelings towards money are dramatically different
  • Slide 19: What personal-finance topics do men vs. women prefer?
  • Slide 25: Absolutely staggering differences in perceptions of equal pay

Digg this!

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I'm Ramit Sethi.

I'm a recent graduate of Stanford, where I studied technology and psychology. Now I'm the co-founder & VP of Marketing for PBwiki, a wiki startup in Silicon Valley.

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