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Credit Crunch: Men Less Worried

Posted on 23 February, 2009 at 12:23 by Peter Kelly

Men are less worried about the credit crunch and their personal finances, according to research by moneywise.co.uk. Apparently only a quarter of all men feel “concerned and uncertain” about their money, a stark contrast to the 43% of UK females who feel this way.

Men are also more confident about their long term financial future as just under 60% of men said that they were confident that their finances would see them through their retirement, compared with 26% of women.

Spokesperson from the website, Rachel Lacey, said: “As figures on economic growth and unemployment show that we are now heading into a recession it seems that women are taking this more seriously than men.”