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Kiplinger
Kiplinger
Business
Kathryn Pomroy

Half of All Households Have a Female CFO. Does Yours?

Three women of different generations in a family sit on the couch in a home.

Nearly half of American women consider themselves to be their household's chief financial officer (CFO), and more than 40% say that they are their family's main breadwinner, according to a new study on women and money from Allianz Life.

In one of the largest studies of women and their priorities and attitudes toward money and investing — Allianz Life’s 2023 Women, Money and Power Study from Allianz Life Insurance Company of North America (Allianz Life) — nearly half, or 49%, of all women, said that they consider themselves to be their household’s chief financial officer, up from 41% in 2021. However, 64% of women feel less secure financially than they did in the past. 

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