Couples, Money, and Expectations: Negotiating Financial Management Roles to Increase Relationship Satisfaction

How couples handle money has become a popular subject among scholars, practitioners, and the popular press. However, little is known about how finances should be treated within a clinical context. This study examined the financial management roles in which couples participate and their satisfaction...

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Bibliographic Details
Published in:Marriage & family review 2013-07, Vol.49 (5), p.391-411
Main Author: Archuleta, Kristy L.
Format: Article
Language:English
Subjects:
Accounting
Communication
Communication strategies
Couples
Economic behaviour. Consumption
Economic sociology
Financial management
financial management roles
financial satisfaction
Goals
Interpersonal Relationship Satisfaction
Management
Money
Participation
relationship satisfaction
Satisfaction
Sexuality. Marriage. Family relations
shared goals and values
Sociology
Sociology of economy and development
Sociology of the family. Age groups
Studies
Tactics
Taxation
Values
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Summary:How couples handle money has become a popular subject among scholars, practitioners, and the popular press. However, little is known about how finances should be treated within a clinical context. This study examined the financial management roles in which couples participate and their satisfaction level with these roles as well as couples' communication tactics surrounding money and their impact on relationship and financial satisfaction. Results suggested that having shared goals and values about money were a stronger predictor of relationship satisfaction than were communication strategies. In addition, satisfaction with one's financial management role participation may be more important than self-reported financial management roles each partner performs. In this study, financial management roles included 19 areas, including responsibilities such as bookkeeping, financial decision-making, and taxes.
ISSN:0149-4929
1540-9635
DOI:10.1080/01494929.2013.766296