Women In Charge Of The Finances? I Support That...

Posted by Abby Crawford on

If you're a mom who   handles all of your family's finances, you're not alone. A study by Working   Mother Magazine reveals that 59 percent of working mothers serve as their family's   sole chief financial officer. Whereas controlling the household's money was   once considered a man's job, only 11 percent of the mothers surveyed said their   husbands take care of finances, while 30 percent said it's a joint effort.

Other findings from the Working   Mother Magazine study:

-76 percent of mothers believe their   household finances are managed successfully

- 61 percent would rather get a 20   percent raise than a year off from work

-25 percent wish they didn't have   to work at all

-55 percent say they work because   they're career-oriented; not just to earn money

-79 percent are confident they'll   be more financially well-off in 2013

-29 percent say it's important to   be a better mother, while 2 percent say it's important to be a better employee

-55 percent say balancing work and   family is their most challenging task

-56 percent say their top financial   objective in 2013 is to save more money

-Asked for their career goals, 23   percent of the mothers said getting a raise; 16 percent said getting a better   job; and 13 percent said getting a promotion

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