Women are not only becoming more responsible for the finances in their own homes, but they are passing on their knowledge to their own parents.

On Wednesday, Women & Co., a financial community for women backed by Citigroup, released research that found that two-thirds of women consider themselves the CFO of their households, and 86% of mothers say they are teaching financial lessons to their children. Surprisingly women also say they are sharing their financial know-how with their parents.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access