Debt 'The Top Concern for Women'

By Michael Ross
Published on 3 Sep 2008
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Debt 'The Top Concern for Women'

Money worries beat out marriage concerns for British females, research has found.

Women find debt a bigger worry than marriage and their career, Psychologies Magazine has claimed.

A new poll from the journal, reported by the Press Association, asked a group of females which "luxury" they most wished for in their lives. Four in five chose "being debt free".

This beat out "having more time" (cited by 76 percent), "having a happy marriage" (62 percent) and "having a job that fits my life" (60 percent).

Correspondingly, just one in twenty women said that they felt financially "well-off", while a clear majority (six in ten) were found to owe money on their credit cards. Still more worrying, one in three said that they owed money on high-interest unsecured loans.

Maureen Rice, editor of Psychologies Magazine, said: "Women today are yearning for more meaningful lives and basic pleasures such as a free weekend with space for themselves, their families and friends. At present many women find life all work and no play. Women want a better balance. A better quality of life. Despite working more than ever before, women don't feel any richer."

Psychologies Magazine also found in its poll that the typical British woman has just 77 minutes per day to herself.

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