Women using debit cards to cut spending

By Mozo ·

Women have been taking steps to reduce household expenditure on utilities by stocking up on items such as hot water bottles, it has been suggested.

Chief executive of Woolworths Grant O'Brien told the Herald Sun that consumers are trying to reduce the amount they spend on their bills.

"Consumers have got their electricity bills and already they've gone up by 20 per cent and they don't understand why," he observed.

The expert noted that women seem to be more concerned than men, as many work "casual hours" so are more vulnerable to employment fluctuations.

He added that female Aussies are an important consumer demographic because they are often more responsible for discretionary spending than their male counterparts.

Earlier this month, figures from the Health Department revealed that the average woman is waiting four years longer to have a child than she would have in 1985.

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