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Stressed Out Women Spark Millions In Spiritual Spending
Stressed Out Women Spark Millions In Spiritual Spending
Bad Credit Credit Creditres Stressed out women have kick-started a new credit card trend labelled Spiritual Spending and splashed out 670 million this year on spa days, shiatsu, massages and manicures, according to a study released today.
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Despite recent suggestions that men are gaining on women when it comes to buying clothes, women were found to spend twice as much as men on clothing. In the study, which seemed to confirm gender stereotypes, men were found to use credit cards on their vehicles more often than women. Ian Larkin, "Studying the credit card spending habits of men and women has revealed that some gender stereotypes are very much alive and well.
Bad Company Credit Repair Three in four (75 per cent) women told researchers for Virgin Money that people are increasingly turning to alternative health therapies and yoga retreats to help them deal with stress.
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Bad Card Credit Credit This latest trend has seen the average Spiritual Spender fork out over 250 on their credit cards for me treats in the last year.
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Bad Car Credit Loan One in five women (19 per cent) admit to pulling out the plastic to pamper themselves, with health and beauty products, treatments like facials or manicures, and massages topping the Spiritual Spending list.
Not all lenders are out to take advantage of people with bad credit. In fact, some lending organizations offer extended loans with low monthly rates to people with bad credit. This reduces the stress of meeting payments, and it offers the opportunity to draw out the payment process. If these loans are paid on time they can actually help rebuild credit.
Bad Credit Loan Mortgage And theyve also spent over 20 million on trips to health farms or yoga retreats this year.
Auto Bad Credit Loan Erica Bell, spokeswomen for Virgin Money, says, Everyone needs to treat themselves now and again and a credit card is a great way of doing this. It is important however to use a card that suits your circumstances.
Bad Credit Mortgage Refinance Bell added: Used in the right way a credit card can be useful in managing your money and smoothing monthly expenditure. After all well-managed finances are the best way to keep stress levels in check.
Bad Credit Refinance Spiritual Spending is seeing women increasingly turning to homeopathic medicine with almost one in five (17 per cent) saying theyve used alternative therapies in the last twelve months.
Bad Credit Mortgage Second And one in ten (9 per cent) have taken tips from celebrities such as Gwyneth Paltrow and Geri Halliwell and turned to yoga and Pilates as ways to relieve stress.
Bad Credit Loan Student The Spiritual Spending study also reveals that:
Bad Card Credit * Six in ten (59 per cent) women in the UK have a credit card
* The 16 to 24 age group have spent most on me treats in the last year - 420
* Eight in ten (79 per cent) of Spiritual Spenders splash out on health and beauty products
Bad Credit Financing The Virgin Money credit card offers three options.
Bad Credit Home Loan Mortgage You can opt for 0% for 6 months with a go to rate of 13.9% APR (variable), 0% for 6 months then 15.9% APR (variable) and a card that earns you reward points or a card offering 10.9%.
Bad Credit Loan People Each card has 59 days interest free credit.
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