Mom the Money Maven…

September 2007
Journal of Financial Planning;Sep2007, Vol. 20 Issue 9, p14
Academic Journal
This article discusses how children learn more money management skills from their mothers than their fathers, even though the father might make the majority of the financial decisions. Ameriprise Financial Inc. used a survey to find out that 50% of adults said that their mother was most influential in teaching them money management. Only 38% said their father was influential. 70% said that their mother was a good financial role, just like their fathers. Children said that their father was better at giving money advice than their mother.


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