Manage your money like a man

Men and women face different challenges when it comes to earning, saving and investing. Here are 13 strategies men can follow to overcome the gender obstacles to financial success.

8 of 13

Family finance: Stop stealth spending

Which spouse is more likely to hide purchases? It's husbands, 58% of whom admitted to keeping some spending a secret (mostly on entertainment) vs. 48% of wives, according to CESI Debt Solutions.

Shouldn't a hard-working guy be able to have some fun without accounting for it? Yes, but hiding expenditures isn't the answer --; that just compounds the problem of one hand not knowing what the other is doing.

Play fair: Decide together on an amount you can each spend freely, no questions asked.

NEXT: Family finance: Embrace new realities

Last updated November 05 2010: 9:00 AM ET

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