Affluent women believe they are household "CFO"

NEW YORK: A survey by Women & Co., a unit of Citi aimed at women, found that 63% of affluent women consider themselves the CFO of their households. The finding is from the group's "Women and Affluence 2008: A Generational Study," released October 7. The survey also found that 94% of affluent women are discussing financial topics with their daughters and 75% consider themselves knowledgeable about investing and finance. Synovate, which conducted the national survey for Women & Co., surveyed more than 1,000 women who had household investable assets of $100,000 or more and were between the ages of 40 and 70. It took place from December 2007 to July 2008.

NEW YORK: A survey by Women & Co., a unit of Citi aimed at women, found that 63% of affluent women consider themselves the CFO of their households. The finding is from the group's "Women and Affluence 2008: A Generational Study," released October 7. The survey also found that 94% of affluent women are discussing financial topics with their daughters and 75% consider themselves knowledgeable about investing and finance. Synovate, which conducted the national survey for Women & Co., surveyed more than 1,000 women who had household investable assets of $100,000 or more and were between the ages of 40 and 70. It took place from December 2007 to July 2008.

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