Most adults (68%) agree that women are better than men at managing household finances, according to ING. However women are more likely to be upset about gaining weight (30%) than accumulating debt (27%). Men, on the other hand, worry more about amassing debt (34%) than pounds (24%).
When it comes to investing in the market, six in 10 (60%) say men are better than women. Men (29%) are more likely than women (18%) to feel confident in investing in the stock market or putting money into retirement accounts. Overall, just 13% have no qualms about investing. The financial activities that intimidate most adults are:
• Investing in the stock market (50%);
• Doing their taxes (34%); and
• Completing mortgage applications (24%).
Source: “ShareBuilder Survey,” ING, Steve O’Halloran, 1 S. Orange St., Wilmington, DE 19801; 302-467-6643; sohalloran@ingdirect.com; www.ingdirect.com.
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