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19/08/2003
Women more in control of money than men, says report
British women are more in control of their cash than men, according to a new survey by NatWest Internet Banking.
The bank’s survey found that over a third of women know the balance on their current account to the nearest £1, whereas only 35% knew their balance to the nearest £50 – and 10% did not it at all.
A quarter of respondents in the north west know their balance to the nearest penny, whereas 38% of Londoners and East Anglians only know their balance to the nearest £50. A quarter of the Welsh did not know how much money they had in their account, according to the survey.
Despite these figures, 35% of respondents stated that they like to keep an eye on their spending and 26% made sure that they never went overdrawn and kept a tight control of their spending. Nearly 30% of men however said that they were fairly relaxed about their finances and didn’t let money worry them.
People in the West Midlands are most likely to keep a close eye on their finances and never go overdrawn, whereas the Scottish are most likely to be counting down the days until their next pay cheque.
David Head, Head of NatWest Internet, said: “More and more Britons are clearly keen to keep track of their finances and it is therefore encouraging to see that 21% of respondents in this survey use internet banking to control their cash flow.”
The survey of 1,012 adults was carried out between 25 – 27 July 2003.
(gmcg)
The bank’s survey found that over a third of women know the balance on their current account to the nearest £1, whereas only 35% knew their balance to the nearest £50 – and 10% did not it at all.
A quarter of respondents in the north west know their balance to the nearest penny, whereas 38% of Londoners and East Anglians only know their balance to the nearest £50. A quarter of the Welsh did not know how much money they had in their account, according to the survey.
Despite these figures, 35% of respondents stated that they like to keep an eye on their spending and 26% made sure that they never went overdrawn and kept a tight control of their spending. Nearly 30% of men however said that they were fairly relaxed about their finances and didn’t let money worry them.
People in the West Midlands are most likely to keep a close eye on their finances and never go overdrawn, whereas the Scottish are most likely to be counting down the days until their next pay cheque.
David Head, Head of NatWest Internet, said: “More and more Britons are clearly keen to keep track of their finances and it is therefore encouraging to see that 21% of respondents in this survey use internet banking to control their cash flow.”
The survey of 1,012 adults was carried out between 25 – 27 July 2003.
(gmcg)
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