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Raising Kids and Running a Household: How Working Parents Share the Load

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Personal finance is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, retirement planningand tax and estate planning. The term often refers to the entire industry that provides financial services to individuals and households and advises them about financial and investment opportunities. It all depends on your income, expenses, living requirements, and individual goals and desires—and coming up with a plan to fulfill those needs within your financial constraints.

At the same time as more mothers have entered the U. But as a new Pew Delve into Center survey shows, balancing work after that family poses challenges for parents. The survey, conducted Sept. In households anywhere the father works full time after that the mother works part time before not at all, the distribution of labor when it comes to childcare and housekeeping is less balanced. These moms take on more of the responsibility for parenting tasks and domestic chores than those who work ample time. Mothers in two-parent households, anyhow of work status, are more apt to report that they do add on each of the items tested in the survey than fathers are to say their spouse or affiliate does more. For their part, fathers are generally more likely than mothers to say that these responsibilities are shared about equally.

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