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Women 'better with money'
02/08/2007

Women are slightly better at handling their money than their male counterparts in the UK, according to research carried out by Engage Mutual Assurance.

Around 70 per cent of British women say they are able to stick to a prearranged budget, but only 68 per cent of men say the same, the latest figures suggest.

In addition, while 40 per cent of female Britons admitted they found it impossible to follow a healthy eating regime, around 67 per cent of women told Engage that they were able to maintain a savings plan.

Karl Elliott, marketing director at Engage Mutual Assurance, said: "The good news from these results is that many Britons actually find saving as part of their day-to-day lives relatively easy.

"When you compare saving for the future to other common lifestyle challenges, you realise that getting into the habit of saving can be easier than changing your diet for example."

Research carried out by Alliance & Leicester found recently that British consumers have a combined total of around £820 million in put away in savings accounts.

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