How much our social structure affects our financial status?

We usually tend to blame the government for our financial status. This is fair to an extend because the government is responsible of setting the necessary regulations and control the flow of the economy in a way that guarantees the best level of living for the citizens. That being said, one would also try to think of other factors that affect the current financial situation of many Jordanian families. A glimpse on the local cultural and social behavior would give us a better idea.

Being an integral part of society is costly in Jordan. Following a set of rigid social traditional rules is necessary. Marriage takes the top spot in term of expenditure and acceptance, and while men are responsible of financing the big chunk of this process, women have also to invest in themselves in order to raise their rank in the market for a better ‘husband’ opportunity. That is clear in the way young Jordanian women reside to buying a costly new car that takes the major amount of their salary for a couple of years once they start working. In the other hand, young Jordanian men usually settle with a mid-aged car – they usually use their parents’s car – in order to save whatever amount of money for their wedding day.

In Jordan, a couple must be legally bonded. It must live in a 3 bedroom house with good quality furniture. It must own a car or two. And it must have at least one or two children few years in their marriage.

An alternative model would be having young girls and boys start working early – as early as 18 -. Lower social expectations of expenditures on weddings parties and focus on giving stronger values for young entrepreneurs rather than those who are married.

Instead of whining about the cost of living and how bad our government performance is, it may be a good idea to monitor our expenditure and guide our money to whatever raises our quality of life rather than gaining a hard achievable social acceptance.