Women are taking the lead when it comes to looking after their family's finances in the UK.
The Lloyds TSB Family Savings Report looked at the household trends for couples aged under 45 and found that in 52 per cent of cases, the female is in control of long-term planning.
On top of this, ladies are dealing with everyday financial management in 54 per cent of occasions and it is estimated that by 2020, women will hold the overall balance of power.
Couples are also taking the issue of budgeting much more seriously, as 70 per cent have a plan in place, compared to only 56 per cent five years ago.
Greg Coughlan, Head of Savings at Lloyds TSB, said: "Younger women have definitely taken a firm grip on the purse strings, moving from the traditional role of managing the day-to-day spending, to planning and selecting where money is kept."
He added this change in the traditional balance of power in families may have a positive impact for the economy going forward.