Recession and Gender / Women worry more about bills

Women are hit hardest by the financial squeeze and worry more than men about paying the bills.

They spend almost 11 hours a month thinking about money problems while men ponder for only 9½ hours, says to a new study by consumer champions Which?

Women also feel less optimistic about their finances and the wider economy.

Nearly half of all men (45%) describe their finances as good, compared to only a third of women.

And only one in five women expect their finances to improve over the next year compared to a quarter of men.

Women are also more pessimistic about the future with only 15% expecting the economy to improve in the next 12 months, compared to 27% of men.

And 38 per cent are cutting spending on food, socialising and household goods, against 31 per cent of men.

Chosen excerpts by Job Market Monitor

via Recession hits women worst as they worry more about bills than men – Mirror Online.