...Fidelity Investments released (click here) a study showing that mothers have far more substantive discussions about money than fathers do when talking about estate planning or wills, health and elder care topics, and the ability to cover living expenses in retirement.
Turns out moms are also a little easier to talk to. Sixty-four percent of mothers surveyed said it wasn't hard to start a conversation with their adult children about savings and investments, compared with 54 percent of fathers.
Ahead of Mother's Day, many companies are releasing surveys about the financial roles of moms.
One reason women are talking more about money, Fidelity said, is because they tend to be the family treasurer. Nearly 60 percent of working mothers say they also manage their household budget, according to a survey released earlier this year by Working Mother magazine and Chase Card Services....
...Meanwhile, Insure.com has issued its annual Mother's Day Index, which values the responsibilities of a stay-at-home mom at $59,862 this year, down from $60,182 in 2012.
The online site uses various household duties such as being a cook, driver, housekeeper and party planner to calculate the salary using occupational wage data from the Bureau of Labor Statistics....
