- Title
- Money, Honey if You Want to Get Along With Me: Money Management and Union Dissolution in Marriage and Cohabitation
- Author(s)
- Catherine Kenney Catherine Kenney (Bowling Green State University)
- Ryan Bogle 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.
- Creation Date
- 2010-05
- Section URL ID
- CRCW
- Paper Number
- WP07-03-FF.pdf
- URL
- https://fragilefamilies.princeton.edu/sites/fragilefamilies/files/wp07-03-ff.pdf
- File Function
- Jel
- Keyword(s)
- Suppress
- false
- Series
- 8