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May 13, 2013

Moms more likely to discuss family finance

By MARK JEWELL
AP Personal Finance Writer

BOSTON — Who's better at getting a family to talk about money matters, mom or dad?

A survey by a financial services company found that mothers clearly have the upper hand over fathers in getting the discussion started with their adult children. While all families are different, moms are often the ones who encourage conversation about such important topics as financial security in retirement, caring for an elder and estate planning, according to survey results released by Fidelity Investments.


 
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