A Closer Look

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

'HSBC jobs cut_ 2,000 UK staff expected to lose their jobs - Mirror Online' - www_mirror_co_uk_news_uk-news_hsbc-jobs-cut-2000-uk-805300

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

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