The events of the last decade, the skills acquired and lessons learned have laid the foundation for better money management in the home. Moms are certainly taking a more proactive approach to the family’s finances and confidence is building steadily.
Our relationship with money and attitude to finances has dramatically changed in the last decade. Now, people are more confident and informed about money matters and consequently feel more prepared. This is a more mature, and future-proofed attitude to finances that is in stark contrast to the over-leveraged, consumption obsessed patterns previously observed. Attitudes to debt have changed irrecoverably and being debt-free is the modern symbol of success. This attitude to debt will have profound effects going forward, however is less than empowering for a cohort already heavily burdened with long-term debts.
There is a lot more to household management these days and moms are becoming increasingly sophisticated managers of all the households resources. They have become better managers of household utilities and resources. There is a lot more to manage these days between waste and composting, water consumption and the ongoing monitoring of utility providers.
