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Published July 16, 2012, 11:30 PM

Hot Topics: More breadwinners are now women, survey says

The majority of women are primary breadwinners, according to new research from Prudential Financial. Of the 1,400-some women surveyed, 53 percent were in that category. That’s because 40 percent of women are single or divorced and support themselves, and 22 percent of married women earn more than their husbands.

By: Source: Wall Street Journal’s “Total Return” blog , INFORUM

The majority of women are primary breadwinners, according to new research from Prudential Financial.

Of the 1,400-some women surveyed, 53 percent were in that category. That’s because 40 percent of women are single or divorced and support themselves, and 22 percent of married women earn more than their husbands. That latter figure is even higher among Asian-American women (33 percent) and African-American women (31 percent), compared with 19 percent of white women.

Among female breadwinners, nearly a third say that they earn more than their spouse because of the “challenging economy,” the study says.

Female breadwinners are more likely than other women to maintain completely separate finances from their partners (27 percent versus 15 percent). And they are three times more likely to have financial accounts that their husbands don’t know about, they said.

But they also are less likely than women overall to see themselves as the primary financial decision-maker. Instead, they are more likely to say they share the task equally with their husbands.

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