Shifting finances: 4 in 10 wives earn more than husbands

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London, Dec 29 (UNI) The fairer sex are enjoying the changing rules of patriarchal society with four in ten women now raking in more moolah than their husbands, a survey shows.

Marking a shift in family finances, the research also found that eight in ten insisted on taking charge of household bills and finances.

Traditionally, men were the main breadwinners, with couples pooling in all their finances.

Today, however, four in five couples have separate banks accounts of some description.

A quarter of the 2,000 women questioned for the survey said they made all the major spending decisions in their family. Only 2 per cent said their hubbys were solely responsible.

It also revealed that a quarter had put aside an emergency fund without their partner's knowledge, largely because they did not trust them to make the right decisions.

The generation of 40-plus working women had a new, independent and responsible attitude towards finance. The days when the man of the house was usually in control of strings of the family purse are consigned to history.

The work stated that women were now clearly focused on earning money, as well as both spending and tight-fisting it, besides ensuring their future financial security.

UNI

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