Women can 'blame biology' for spending sprees
A new study suggests women may have a biological excuse when it comes to over-exercising their credit cards.
Psychologists have found a link between periods and extravagant spending, suggesting a shopping spree is more likely in the ten days before a monthly bleed begins to combat hormonal negativity.
The research, lead by professor Karen Pine of Hertfordshire University, incorporated 443 women aged between 18 and 50.
They were questioned closely about spending habits, with those in the later stages of their menstrual cycle displaying less control of purchasing.
Professor Pine said: "The spending behaviour tends to be a reaction to intense emotions. They are feeling stressed or depressed and are more likely to go shopping to cheer themselves up."
In other spending news, recent figures from the British Retail Consortium suggest the economic downturn is prompting a growing number of consumers to favour cash over debit or credit cards.
According to the organisation, notes or coins are used for 56 per cent of all UK transactions.
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