Women are better with money than men, study finds

By Heidi Blake 947AM GMT eleven March 2010

Women keep lane of their spending and are less expected to set up up debts by loans and credit cards, according to new research.

Men are some-more disposed to ignoring ascent debts and forgetful to compensate bills, since women thinly slice afar at credit label bills with unchanging repayments, the investigate found.

John Cleeses divorce because he is not alone in looking a cut-price allotment Wives find mothers in law hardest to understanding with Alicia Green and Melody Sachs verbalise out Have you incited your man in to a hermaphrodite? Financial predicament high noon on the high travel

The consult of 3,000 Britons by Lovemoney.com found that men have an normal debt of �2,176 on their credit cards compared to �1,987 for women. Men lend towards to outlay their income on gadgets and rely on credit to cover the costs, it found.

A orator for the income government website pronounced the commentary gave the distortion to accusations that women are insane with their money.

"For years, women have been thought of as the big spenders, striking their income on clothes," he said.

"But it seems men are gaining their own repute when it comes to handling their finance management whilst women are guidance how to hoop their money."

A entertain of men certified they mostly pay off credit label bills late or dont think about them altogether, compared to seventeen per cent of women who have the same mistake.