Women Seek Debt Relief Assistance More Than Men

The country's current economic turmoil has many Americans reviewing their personal finances to find ways to save money and reduce debt.

Although many people opt to seek debt relief from a professional, in Florida, women are disproportionately turning to financial experts for help with their debt, according to the Orlando Sentinel.

The news source, which analyzed figures from credit counseling companies throughout the state, said women continue to seek out credit counseling services at a higher rate than men. In fact, women account for 62 percent of the clients at one of the state's largest credit counseling agencies.

"Many of the women we see are heads of household, trying to pay off debt, keep their heads above water, maintain the house, raise children and — oh, by the way, work, too — all at the same time," Richard Schram, the agency's top executive, told the Sentinel. "That puts tremendous pressure on them."

For many individuals, obtaining the assistance of a debt relief professional may be the most helpful way for them to organize their finances and create a realistic budget. However, ultimately, it is up to consumers to maintain responsible management of their finances.