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Women better at money matters than men: survey

When it comes to money, women really are more responsible then men, with an international survey finding that they're less likely to get into debt and strive harder to become financially independent.

The global Reuters Synovate survey polled some 4,500 women in 12 countries about money matters. An equal number of men were also asked several questions related to finances.

The survey showed that just over half respondents of both genders said women are more responsible with money than men, with the highest level of agreement found in Mexico, where 72 percent of people believed women were better at handling finances.

And although more than 40 percent of women use part of their monthly income to pay off credit cards, some 70 percent of female respondents also said that having more than one credit card could lead to financial debt, revealing women's higher awareness.

"It's obviously not the card itself that causes anyone to use it ... more

Copyright 2009 Thomson Reuters. Click for Restrictions.

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