As reported in the NZ Herald this morning, The Consumer Credit Expectations Survey, conducted by the credit reporting and collection company Dun & Bradstreet, shows that 38 per cent of high-income households (those with an income of $60,000 or more) expect they will need to pay for purchases using credit cards in the September quarter.
Those intending to use credit to pay for otherwise unaffordable expenses:
* 40 per cent of women.
* 43 per cent of middle-aged people.
* 33 per cent of men.
I’m curious about the difference between men and women – does this show single men and women or are heterosexual women paying more of the family expenses or is this a sign of STD – Sexually Transmitted Debt? That is, women tied to their partners by the weight of debt generated by their partner. A dynamic to think about during the Women’s Refuge Appeal Week. It’s truly much harder for women to leave a violent relationship when they have huge debt in their names.
You can donate to help women escape here