Higher Credit Card Debt with women who have pms

An interesting study by Karen Pine at the Herfordshire University has shown that when women experience impulse buys its usually during that time of the month that women menstruate. Women on average (sample of 400) overspent by up to £250 during this phase. Now this is a another example of a study that has been commissioned that doesn’t really warrant the money spent on it.

Credit Card debt is currently a very hot topic at the moment and I am sure there are many more reasons why women or even men are overspending on their cards at the moment. Statistics actually show that over the last 2 months the amount of debt that has been paid back into credit cards has increased dramatically. The amount of savings has also increase so it is evident that people are trying to reduce their debt were ever they can.

Going back to the buying habits of women it has however been suggeste dthat if you do all of a sudden feel the urge to pop out and buy something you don’t need then rather opt for a swim or go for a run. Great advice don’t you think.

The typical household carries about £10,000 of unsecured credit card debt, this accotding to Credit Action.