Do couples manage money differently at different ages? A study on what leads to couples’ economic conflicts

2020-06-16T12:29:17Z (GMT) by Ann-Zofie Duvander Linda Kridahl

Background

Couples’ economic conflict is an area of major importance for individual life quality. Prior research has found that conflicts are correlated with the way money is managed in the relationship. We also know that a number of factors related to quality of life vary over the life course, not least economic standard.

Objective

This study will investigate whether couples’ economic conflicts vary with age and whether the type of money management is differently related to conflicts at different ages.

Method

We use the GGS 2012 for Sweden including cohabiting and married respondents 20 to 80 years old. Logistic regressions are used to find out whether the type of money management is differently associated to economic conflicts for different age groups.

Results

Economic conflicts become less common over the life course and the likelihood of pooling all money increases over the life course. Pooling all money in the household relates to fewer economic conflicts only among older couples.

Conclusion

Money management will differ in importance at different life stages.

Contribution

We propose that it is important to consider the economic conditions of couples at different ages.