As women continue to make great strides in earning power, and at a time when more than a quarter of married women make more money than their husbands, the job of long term financial planning for the family still resides with the man, 1200 WOAI news reports.


  A new study by researchers at Utah State University shows that women are 'reactive' when it comes to taking control of their finances, generally only getting involved when they are facing a 'significant' life change, like a divorce, a foreclosure, or a death of a husband.


  Wendy Kowalik, President of the San Antonio financial management firm Predico Partners, sees it all the time.


  "There never seems to be in any couple's situation where both truly control long term finances," Kowalik said.  "A lot of times in the past, women have conceded to letting their husband take care of it."


  She says being 'reactive' is not good for women.  She says women need to learn to plan ahead and prepare for the future.


  "When only one person plans it, the other person is really out of the loop on why a decision is made," she said.


  There have been many occasions where a husband dies, and the woman doesn't even know where the family's finances are, and on some occasion, she has to go through complicated legal procedures to get access to accounts which are solely in the husband's name.


  "The hard part for everyone is the fact that they feel like you should be born knowing what to do with their finances," Kowalik said.


  Researchers say despite women making great strides in earnings and becoming CFO's of companies, girls are frequently given messages that finance is 'not for you.'