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The financial practices and perceptions behind separate systems of household financial management

  • Ashby, Katherine J.
  • Burgoyne, Carole. B.
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    Qualitative research in the UK has revealed a diversity of financial arrangements underlying separate systems of household financial management. One factor, identified in previous work, is perceived ownership of money, with financial practices differing according to whether couples have distinct, blurred or shared ownership perceptions. The present work aims to build on and extend this research, using data from an online survey study with 190 cohabitants in the UK. The findings reveal that ownership perceptions transcend separate money management categories, and can be a significant predictor of the type of contribution cohabitants make towards joint household expenses.

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    Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

    Volume (Year): 38 (2009)
    Issue (Month): 3 (June)
    Pages: 519-529

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    Handle: RePEc:eee:soceco:v:38:y:2009:i:3:p:519-529
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    1. Shefrin, Hersh M & Thaler, Richard H, 1988. "The Behavioral Life-Cycle Hypothesis," Economic Inquiry, Western Economic Association International, vol. 26(4), pages 609-43, October.
    2. Pahl, Jan, 1995. "His money, her money: Recent research on financial organisation in marriage," Journal of Economic Psychology, Elsevier, vol. 16(3), pages 361-376, September.
    3. Vogler, Carolyn & Brockmann, Michaela & Wiggins, Richard D., 2008. "Managing money in new heterosexual forms of intimate relationships," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(2), pages 552-576, April.
    4. Burns, Maree & Burgoyne, Carole & Clarke, Victoria, 2008. "Financial affairs? Money management in same-sex relationships," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(2), pages 481-501, April.
    5. Ashby, Katherine J. & Burgoyne, Carole B., 2008. "Separate financial entities?: Beyond categories of money management," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(2), pages 458-480, April.
    6. Burgoyne, Carole B. & Reibstein, Janet & Edmunds, Anne & Dolman, Valda, 2007. "Money management systems in early marriage: Factors influencing change and stability," Journal of Economic Psychology, Elsevier, vol. 28(2), pages 214-228, April.
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