Women in the UK are more worried than men about paying bills and household expenses and are more depressed than men when faced with financial crises, according to the findings of a survey.
The survey was conducted by YouGov, a charity and representative of British psychologists in the UK between September 6 and 7.
The results of the survey showed that 61% of women compared to 47% of men are more worried about paying their bills compared to last year.
Also, 3 out of 10 women said that financial worries make them feel depressed. This rate is 26% in men.
The results of the research show that women are more worried about meeting household expenses in the coming year, including paying energy bills (77% of women and 65% of men).
Julia Faulconbridge, official psychologist and a member of the clinical psychology department of the British Psychological Society (BPS) said: “We know women often shoulder more of the childcare and home responsibilities and are more likely to be in low-paid and insecure work, increasing their chances of being hit by rising prices, and subsequently experiencing greater anxiety, stress and worry.”
“There is a clear causal link between living in poverty and mental health difficulties,” she said. “We know that the stress of raising a family in poverty can have a huge impact on parents’ mental health and that poverty is one of the major risk factors for the development of mental and physical health problems in children.”
“This is magnified in a single-parent household, which is why we urgently need the Government to confirm they will support those who need it most by uprating benefits in line with inflation.”
The BPS is joining a range of organizations and politicians calling on the government to increase benefits in line with inflation.
The UK government has not ruled out actual reductions in benefits, as reports suggest payments could increase in line with average income increases.
The decision is expected to be made in November and implemented in April.