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» Single Men Women Debt

Men 'owe care less'

Divorce can leave men financially vulnerable
Single men owe money single women people partners - worry less figures published Wednesday indicate

Consumer Credit Counselling Service (CCCS) interviewed 55,000 people struggling debt

single men aged 25 39 had average unsecured debts nearly £14,910 including credit store cards excluding mortgages

single women age figure £11,416

single men had bigger salaries single women - owed average 16.32 times net monthly incomes compared 13.05 times women 13.66 couples

CCCS says because women worry men take longer realise gravity situations seek help

Relationship breakdowns

women take responsibility everyday family spending men failed acquire budgeting skills

Divorce relationship breakdowns leave men particularly vulnerable report says

CCCS chairman Malcolm Hurlston said harder teach men money traditionally hard reach educational messages slow seek help

he called much effort put basic financial education young men.

Extract BBC news Wednesday 7 May 2003 01:07 GMT 02:07 UK

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