'More women have finance worries'

PurseAlmost three quarters of women in the UK (74%) worry about their financial future, according to a newly published report.

That figure has risen from 46% two years ago, the study for women's lifestyle magazine Glamour found.

The economic climate has meant women are more frugal with money than ever before, with 88% of those polled seeking financial independence, and just 44% now having some level of debt, down from 54% in 2006.

Some 77% of readers have some form of cash savings, with 59% owning an Isa or other investment account, and 48% participating in a pension plan.

The study found that some worries have been alleviated.

In 2010, 63% of women worried about the reality of buying their own home, but that figure is now down to 54%.

The magazine's editor Jo Elvin said: "The findings of our most recent survey with YouGov reveal a 21st century woman who won't be beaten by the economic challenges we all face. She is financially sound, thanks to a new pragmatic approach to her spending."

Glamour polled just under 4,000 women aged 16-40, in June and July, using the YouGov panel of more than 350,000 to reach respondents, all of whom were regular readers of at least one of the following magazine brands, in print or online - Glamour, Marie Claire, Elle, Cosmopolitan, In Style, Look and Grazia.
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