Women more likely than men to feel guilty about spending on joy

Women are more likely than men to feel guilty about spending money on things and experiences that bring them joy, according to a new Joy Index from Ally Bank, developed in partnership with YouGov. The survey of 5,000 people found that 75% of women feel at least some guilt about spending on joy rather than other financial goals, compared with 68% of men. The gap is even wider among those who feel a lot of guilt: 25% of women said they feel that way, compared with 15% of men. Overall, 79% of respondents said they spend on joy at least monthly, but just 15% said it’s easy to afford.