Gender Gap Found In Handling Personal Finances

07.17.09 | FL News Team

Research suggests differences exist in the way men and women approach their personal finances. It shows two-thirds of men but just a third of women are likely to pay their credit card balances in full on a regular basis. The results are from online financial planning questionnaires from Manhattan Beach, California-based Financial Finesse, an employee benefits company. Also, nine-out-of-ten men say they pay their bills on time each month compared to 74 percent of women. In addition, more men than women say they have emergency funds to pay bills for a few months if a job loss occurs. The questionnaires were filled out by 35-hundred workers across the U.S. A majority of the people answering the questionnaires earned between 60-thousand and 75-thousand dollars a year.