How Women Have Been Cutting Back, Compared to Men


Spending more wisely is the mantra of the moment, and while most everyone is doing it there are differences in the extent that men and women have been making cutbacks. Consumer Reports conducted a poll and published the results in its December issue, showing that over the last year women have been modifying their habits more drastically than men. A larger percentage of women took steps to be more economical than men in every category.

What they did Total Men Women
Spent less on entertainment and eating out 56 percent 49 percent 62 percent
Reduced credit card spending 53 49 57
Planned to cut down on holiday spending 50 36 63
Put more money into savings 40 39 40

See the rest of the chart when you read more.

What they did Total Men Women
Postponed a home-improvement project 36 percent 26 percent 43 percent
Put off a big home purchase (appliance, TV, etc.) 32 24 39
Canceled or postponed a vacation 32 27 36
Put off buying a new car 31 27 34
Put off a doctor visit or medical procedure 23 20 27

Source

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