Study: Women pay more attention to finances

Women may spend more than their male counterparts. But when it comes to paying the bills, they are more conscious of their finances, according to a recent survey.

A poll for The Guardian Life Insurance Company of America found that 90 percent of women are adamant about having accurate knowledge of their credit card or loan debt, versus 82 percent of men.

Women are more likely to face the music when it comes to how much they spend _ only 9 percent said they didn't want to know how much they owed, compared with 16 percent of men.

When it comes to actually reviewing their accounts on a weekly basis, 29 percent of women and 20 percent of men claim to do so.

"In my experience as a financial planner, women are often more cautious when it comes to money," said Mary Lou James of The Guardian insurance company.

The nationwide telephone interviews of 484 men and 516 women were conducted by Opinion Research Corp.