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Men Overspend to Attract Mates

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Old Dec 10, 2008 | 09:05 AM
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Default Men Overspend to Attract Mates

From Yahoo.com:

Ooga Ooga! Men Overspend to Attract Mates

Men are hardwired after eons of evolution to overspend, a new study suggests. Their maxed-out credit cards and mega-purchases have been tied to their desire to attract mates.

The biggest male spenders in the survey were found to have the highest number of reported past partners and desired the most future partners.

The finding, detailed in the current issue of the journal Evolutionary Psychology, did not hold with women.

Vying for women is simply what men do and have done for hundreds of thousands of years, said study leader Daniel Kruger, a social and evolutionary psychologist at the University of Michigan's School of Public Health. But how they entice mates has evolved.

"Men in the ancestral environment were valued if they were good providers," Kruger said. "Now we have this new consumer culture, so basically we show our potential through the consumer goods that we purchase, rather than being a good hunter or providing protection."

Financial habits of men
Kruger used data collected from telephone surveys of more than 400 men and women with an average age of 34 (100 men and 309 women). Participants rated how much they agreed with three statements about their financial habits, such as "I always live within my income range," and "Each income period, I set aside at least ten percent for savings."

(A person who highly agreed with the statements would be considered conservative in matters financial, as opposed to consumptive.)

They also indicated marital status and sexual partners (their count for the past five years and number desired in the future).

Men who spent more (saved less) and who were more likely to shell out more than they earned reported having more sexual partners in the past five years and desired more future partners than other guys in the study.

Specifically, the 25 percent of men who were most conservative about spending had an average of three partners in the past five years and desired about one partner in the next five years. The 2 percent of men with the riskiest financial strategies had double those numbers.

For women, financial consumption wasn't significantly related to past or future mates.

Why we're in debt

Kruger said the results could help to explain why so many people are in a financial mess right now.

"It is partially a result of our economic system and recent financial policies, but I really do think that our evolved mating strategies have an influence," Kruger said. "Our competition for economic displays drives our consumer economy and culture of affluence."

He added, "In terms of the current mortgage crisis, the findings suggest that one of the reasons why we overextend ourselves is that we're basically in a status race. We have expectations that spiral upward as people make more money, and everyone wants to show that they are better than average."

This research was funded by the Centers for Disease Control and Prevention.
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I say since it's a new millinium, it's time for the women to start spending money on the men. After all, 40% of women outearm men.

Warren
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Old Dec 10, 2008 | 09:36 AM
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2 seconds in the Silicon Valley could've told you that faster than reading the damned article. . . sheeeyut.
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Old Dec 10, 2008 | 09:47 AM
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this is hardly news
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Old Dec 10, 2008 | 09:48 AM
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we likes our bigboy toys
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Old Dec 10, 2008 | 09:55 AM
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Are they sure it's the men spending the money or the women they attracted spending it?
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Old Dec 10, 2008 | 09:58 AM
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Originally Posted by 8D_In_Trunk,Dec 10 2008, 11:36 AM
2 seconds in the Silicon Valley could've told you that faster than reading the damned article. . . sheeeyut.
8D where/what do you do? I'm in the SV too
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Old Dec 10, 2008 | 10:20 AM
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[QUOTE=espelirS2K,Dec 10 2008, 10:58 AM] 8D where/what do you do? I'm in the SV too
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Old Dec 10, 2008 | 10:39 AM
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LOL...I wanna work in Sunnyvale and be a post ho! LOL

Anyone out there looking for SharePoint Developers?
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Old Dec 10, 2008 | 10:45 AM
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Originally Posted by S2k_MoZo,Dec 10 2008, 11:39 AM
Anyone out there looking for SharePoint Developers?
Wrong question. "Is there any place still using SharePoint and NOT in the middle of a hiring freeze?"
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Old Dec 10, 2008 | 10:47 AM
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All this means is that men were honest in the survey and women lied.
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