Mothers Better At Talking To Children About Money - KATV - Breaking News, Weather and Razorback Sports

Mothers Better At Talking To Children About Money

Posted: Updated:

According to a new study, mothers tend to have more success in talking to their adult children about financial planning than fathers.

The study showed that there were significant communication gaps between mothers and fathers and their adult children when discussing financial issues such as the ability to cover living expenses in retirement, and health and eldercare.

The study showed that mothers tend to take on the role of the "empathizer." 64 percent of mothers surveyed say it is "not at all difficult" to start a conversation with their child about savings and investments. 54-percent of fathers see themselves as the "pragmatist" when having financial conversations with their adult children.

The Fidelity study says part of the reason that women take a larger role in conversations about financial topics is because women, in general, tend to control the bulk of household finances.

The new findings are part of the intra-family generational finance study that Fidelity investments conducted across its pool of investors.

(source: CNN)

Most Popular

Stories
Videos
loading...
  • Most Popular StoriesMost Popular StoriesMore>>

  • Metro Radar

    Metro Radar

  • 4 shot, 1 dead in Pine Bluff shooting

    4 shot, 1 dead in Pine Bluff shooting

    Sunday, July 27 2014 12:19 PM EDT2014-07-27 16:19:34 GMT
    A late night shooting in Pine Bluff has left one man dead and three others injured.Police say they arrived at around 11:30 last night and found four people had been shot during a reunion party. More >>
    A late night shooting in Pine Bluff has left one man dead and three others injured.Police say they arrived at around 11:30 last night and found four people had been shot during a reunion party. More >>
  • Police still searching for missing father and 10-month-old son

    Police still searching for missing father and 10-month-old son

    Sunday, July 27 2014 9:08 PM EDT2014-07-28 01:08:10 GMT
    A prayer vigil was held Sunday for the missing Greenwood father and son. 33-year-old Brian Floyd and 10-month-old have been missing since Friday, July 25. Police are still looking for Floyd's dark green 1997 GMC pick up truck which they believe was last seen in the Ouacita mountains area south of Blue mountain.More >>
    A prayer vigil was held Sunday for the missing Greenwood father and son. 33-year-old Brian Floyd and 10-month-old have been missing since Friday, July 25. Police are still looking for Floyd's dark green 1997 GMC pick up truck which they believe was last seen in the Ouacita mountains area south of Blue mountain.More >>