Are you suffering from bag lady syndrome

When a Minnesota-based insurance company polled a couple of thousand women, they found that most had a deep-seated fear of ending their days as bag ladies.

by Helen Kirwan-Taylor -
Last Updated: 31 Aug 2010

This was despite the fact that many worked in the financial services sector and held down perfectly decent jobs. Though irrational, the fear is so common that there are now several names for it, including 'tramp syndrome'. Women suffer from it more than men, despite the fact that 90% of homeless people are male. The root of this affliction goes back to cave-dwelling days, when women had to be protected by burly men carrying big sticks, while they looked after their young. But now there is no excuse. Treatment for sufferers involves reviewing the state of the finances, investing carefully and putting enough money away - enough, that is, to prevent a life on the streets should the worst come to the worst. The fear of Bag Lady Syndrome is generally enough to protect the person from ending up homeless, so as far as fears go, this is a pretty good one to have.

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