Saturday, February 7, 2009

Money wise: How women are handling recession

Many are putting on hold all spending that can wait:

How long will this recession last, is the question everyone asks. Experts say the worst is yet to come! This has ignited a lot of concern among working women, many of whom are seeing a downturn in their workplaces. Unchartered territory for most people, women are learning to negotiate it the hard way by tweaking their expenses and altering their lifestyle like never before.

India is one of the countries relatively less affected by the global economic crisis but millions of families here have acted quickly to slice their spending habits. Of course, leading the new conservative trend are women who are, more often than not, responsible for managing home finance. Many are putting on hold all spending that can wait.
To read more, please, visit - Ramesh Menon-The Hindu Business Line

Women appear to be more concerned and anxious about recession than men.

Do you believe that women are more concerned and anxious than men? Please, share your views in the comments. (Comments Policy)

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1 comment:

  1. This is a good news indeed... if this is true, my wife will save few bucks for me in this difficult time, I too wish so :)