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Saturday, October 9, 2004

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Women Holding the Purse Strings

Buying a car? Planning a vacation? Searching for a new dryer? If you are - most likely you’re a woman. Women account for more than three trillion dollars in consumer spending each year in the U.S. In two-income households, more wives are taking charge of family investments as well. Reporter Cathy Duchamp explains why women hold the purse-strings.

Do women keep a better budget? A lot of people say "Yes!" (Photo: Sean Gallup / Getty Images)

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