Poll: How women and men are cutting back

Last reviewed: December 2008
He spends, she doesn't
Women are more concerned about their finances than men are, according to our telephone poll conducted Oct. 2 to 5. One result is that they seem to be economizing more. Here are cutbacks that respondents made in the past year:
What they did Total Men Women
Spent less on entertainment and eating out 56% 49% 62%
Reduced credit-card spending 53 49 57
Planned to cut down on holiday spending 50 36 63
Put more money into savings 40 39 40
Postponed a home-improvement project 36 26 43
Put off a big home purchase (appliance, TV, etc.) 32 24 39
Canceled or postponed a vacation 32 27 36
Put off buying a new car 31 27 34
Put off a doctor visit or a medical procedure 23 20 27
Source: Consumer Reports National Research Center
Posted: October 2008 — Consumer Reports Magazine issue: December 2008