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Money, Honey if You Want to Get Along With Me: Money Management and Union Dissolution in Marriage and Cohabitation

Author

Listed:
  • Catherine Kenney

    (Bowling Green State University)

  • Ryan Bogle

    (Bowling Green State University)

Abstract

Most U.S. analyses of household resource allocation ignore what couples do with their money — whether it is combined in a "common pot" or kept separate. However, there is good reason to believe that a better understanding of couples' money practices offers new insight into other family behaviors. This study uses Fragile Families and Child Wellbeing Study data (N = 1,448 couples) to analyze the association of couples' money management with subsequent union dissolution. Results show a strong association between moving money out of joint accounts, and consistently keeping money separate, and couple breakup. This association holds for married, but not for cohabiting couples.

Suggested Citation

  • Catherine Kenney & Ryan Bogle, 2010. "Money, Honey if You Want to Get Along With Me: Money Management and Union Dissolution in Marriage and Cohabitation," Working Papers 25, Princeton University, School of Public and International Affairs, Center for Research on Child Wellbeing..
    • Handle: RePEc:pri:crcwel:wp07-03-ff.pdf
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    File URL: https://fragilefamilies.princeton.edu/sites/fragilefamilies/files/wp07-03-ff.pdf
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    References listed on IDEAS

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