Journalism of Courage
Advertisement
Premium

Debts 8217;embarrass8217; males

Men feel too embarrassed to admit they owe money,a new study has found.

Men are less likely to seek debt advice than women as they feel too embarrassed to admit they owe money,a new study has found.

They also need to see themselves as in control of their finances and able to deal with problems,according to the study.

Researchers at Centre for Research in Social Policy have found that men often felt it was a woman8217;s role to seek help,while some lacked the self-confidence and social skills to access services,the 8216;Daily Express8217; reported.

Less than half of men in debt sought help. Many were not clear on what support was available while others were over-optimistic that a financial situation would improve.

The Money Advice Trust,which commissioned the study,said: 8220;Men might require a little more of a push to seek help in dealing with debt and this research helps us to understand what might be behind this.

8220;We want to work to break down any barriers that exist to prevent men from obtaining advice.8221;

Curated For You

 

Tags:
  • financial situation
Edition
Install the Express App for
a better experience
Featured
Trending Topics
News
Multimedia
Follow Us
🎊 New Year SaleGet Express Edge 1-Year Subscription for just Rs 1,273.99! Use Code NEWIE25
X