Spending Money They Don't Really Have

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If you think of men as nature’s deadbeats, note that many American women are also awash in debt. In a Meredith Corp./NBC Universal poll, 22 percent of women reported owing more than $20,000, quite apart from mortgage debt.

Just 31 percent of women said they always pay their full credit-card balances, which helps explain why 26 percent “dread the arrival of their credit-card bills every month.” Gen X women are in especially deep: 30 percent of them have more than $20,000 in non-mortgage debt; 72 percent are carrying credit-card debt, and 36 percent said it “prevents me from saving for the future.”

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