Women who out-earn their husbands are also more likely to make money decisions for the family
That's four times higher than the number of breadwinning women who headed their households in 1960.
Along with earning more, women are also taking control of their family's finances.
According to Farnoosh Torabi, author of "When She Makes More: 10 Rules for Breadwinning Women," women who earn more than their husbands are more likely to make the financial decisions for their household.
Torabi cites studies showing that "in households where the husband earns more money, both spouses share in the financial decision making. But in marriages where the wife brings home a bigger paycheck, the woman is twice as likely as her husband to make all the financial decisions."
The author conducted her own study, and found that it confirmed this trend. Torabi asked over 1,000 heterosexual women in committed relationships if they or their husband managed the household finances. A little more than half of the participants make more than their husbands.
The chart below shows the findings of Torabi's study.
The column on left lists the financial chore, the middle column lists the percentage of non-breadwinning women in charge of that chore for their household, and the column on the right lists the percentage of breadwinning women in charge of that chore.
In every category, from paying household bills to managing the family's investments, women who are the primary income earners are more likely to take on the chore than women who aren't.
When She Makes More
- I'm an interior designer. Here are 10 things in your living room you should get rid of.
- A software engineer shares the résumé he's used since college that got him a $500,000 job at Meta — plus offers at TikTok and LinkedIn
- A 101-year-old woman keeps getting mistaken for a baby on flights and says it's because American Airlines' booking system can't handle her age
- The Role of AI in Journalism
- 10 incredible Indian destinations for family summer holidays in 2024
- 7 scenic Indian villages perfect for May escapes
- Paneer snacks you can prepare in 30 minutes
- Markets crash: Investors' wealth erodes by ₹2.25 lakh crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market