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Debt problems in women – Liz Jones tells the world about her debts

A few months ago, controversial Daily Mail columnist Liz Jones poured her heart out to the world about her debt problems. She’s been talking about her debts again this week and making some generalisations about women in the UK and their spending habits.

After Liz wrote about her debt problems in May this year, she claims to have been inundated with letters and emails from her readers offering money and help. Not surprisingly she received a lot of criticism and I blogged about whether she was a villian or a voice for people in debt.

Her most recent article on debt was entitled “Why are so many smart women so bad with money?” in which she talked about some of female friends in the same situation:

One is a businesswoman who employs dozens of workers, another is a married woman with several children, and a third is a high-profile woman on TV. They all confessed they live in fear of bills

Here are some of the views people have expressed on her article about “smart women” and debt:

The sad thing is that Liz makes some valid points, but the public persona she has created for herself outshines this article, which is laced with photos of Liz on her extravagant holidays and wearing designer dresses.

Personally, I agree with her that issues such as the impact of divorce women’s finances, taking time off work to have children, and a concern which ClearDebt is all too aware of: how people who have been in debt become financially untouchable or “funts“, have had an effect on the number of women with debt problems.

Liz even explains how an IVA can help someone in debt – something I’ve seen in action since I joined the ClearDebt team.

Do you think Liz Jones is a good representative for people in debt? Vote in our poll and a leave a comment to let us know your views!

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