More female breadwinners ‘to ease debt worries’

There has been an increase in female breadwinners in the last decade – possibly to ease family debt – new research has suggested.

A study conducted…

There has been an increase in female breadwinners in the last decade – possibly to ease family debt – new research has suggested.

A study conducted by Aviva has shown that more men are staying at home to look after young children, often because the woman in the relationship earns more money.

It found that the main wage earner is female in 16 per cent of couples with dependent kids.

Around 60,000 males took on the role of primary parent ten years ago, compared with more than 600,000 these days.

Of the findings, Louise Colley, head of protection marketing for the company, said: “This shows how the lines of ‘traditional’ roles and responsibilities are becoming blurred – it’s no longer necessarily men who look after the money and women who look after the children.”

Jasmine Birtles, founder of Moneymagpie.com, recently commented that women are less likely to struggle with debt as they are more efficient than men at budgeting.

By Joe Shervin

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