One in three women look after the household finances as they don’t believe their other half can keep up with paying the bills, research has found.
And so mistrustful are they of their husbands’ abilities with money that only one in five is willing to take financial advice from them, according to the study.
Their menfolk are not the only ones women don’t trust, however.
About 90 percent of those surveyed wouldn’t rely on their bank to help them out of financial trouble either.
And 87 percent don’t believe their local politician would be any use.
Instead of turning to others, women are much more likely to try to solve their own financial problems. Almost a third said they preferred to use financial websites to get the advice they seek – and only two percent believed a bank would provide help.
Caroline Bloor, of Good Housekeeping magazine, which conducted the survey, said: “This is tremendously empowering. It puts women in a very strong position when it comes to making life-changing decisions.”
“Women are fast learners when it comes to personal finance. They do their research, they’re more cautious and they’re not too proud to speak up when they don’t understand financial jargon or need advice.”
It may seem like a reversal of the traditional roles for women to look after the finances – but it’s not the only one. Recently, a separate survey found half of all women think their man is the better cook. – Daily Mail