Money, Power and Spending Decisions in Intimate Relationships

Abstract

Drawing on British data from the 2002 International Social Survey Programme (ISSP) module on ‘Family and Changing Gender Roles’, this paper is an exploratory attempt to assess the extent to which newly emerging ‘individualised’ patterns of money management in intimate relationships, are coming to be associated with shifts towards greater equality between partners, in terms of who has the final say over large expenditure decisions, and the implications this has for overall satisfaction with the relationship and happiness with life in general. Our findings show that while in general, keeping money partly separate was associated with a relatively high level of male control, which was more visible to female respondents than male control in other systems, a minority of (sometimes) higher earning, cohabiting women with partly separate finances, were able to make autonomous decisions about spending, possibly by using their own personal spending money. However, the analysis also indicates that when either men or women made autonomous decisions about spending, both male and female respondents were less satisfied with family life, as well as with life in general, than those who made joint decisions.