That may have been true in the day and age when men worked, and women stayed at home and took care of the children. He implies that men only ask women out, not the other way around. Clearly this person hasn't been dating much in the 21th Century. His last sentence indicates that he is unable/unwilling to see how the world has changed.
Today, women work just like men. If one truly believes in equality of the sexes, then things like the restaurant tab should be spilt evenly. Frankly I lose respect for a woman who doesn't even offer to pay part of the bill. I drop them like a bad habit.
But wait, it gets better ...
"For men, an early red flag about money may not start waving until the third or fourth date. A lot of women begin life as daddy's girls -- a few stay that way. They feel men should provide them with the lifestyle to which they've grown accustomed to with other men who did just that. If you're a sugar daddy yourself, have fun. If not, back off. Over time you'll only be despised -- and dropped."
Gee, maybe women who act like that turn out that way because men like this guy keep buying them dinner, in addition to everything else in their lifestyle. Don't think there's a connection there?
The advice I'd give this guy is to stop treating women as playthings, or something so fragile. Women are people just like men, and as such should be treated as equals.