Joint or separate accounts: Money management on first union and reconstructed families
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Published
12/2012
Main Article Content
Abstract
The purpose of this study was to explore the finances management systems employed by first union and remarried couples. 26 heterosexual couples (12 first union and 14 remarried couples) answered to an in-depth interview about the ways each partner contributes to the family budget, the ways they administer money, and the extent to which decisions regarding money in their relationship are fair. Emerging themes allowed us to identify five management systems: whole salary, allowance, shared account, independent management, and independent management with shared account. In contrast with existing evidence, first union couples employed more independent management or independent management with shared account systems. However, remarried couples employed primarily a shared account system. Results are discussed in relation to existing literature regarding finance management systems in different types of marital unions.
Article Details
Palabras clave
decisions, money management, couples, first union, remarried
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Section
Original Articles
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Strauss, A. (1987). Qualitative analysis for social scientists. Cambridge: Cambridge University Press.
Strauss, A. & Corbin, J. (1990). Basics of qualitative research: Grounded theory procedures and techniques. London: Sage.
Tichenor, A. (1999). Status and income as gendered resources: The case of marital power. Journal of Marriage and the Family, 61, 638 – 650.
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Vogler, C. (2005). Cohabiting couples: Rethinking money in the household at the beginning of the twenty first century. Sociological Review, 53, 1 – 29.
Vogler, C., Brockmann, M., & Wiggins, R. (2006). Intimate relationships and changing patterns of money management at the beginning of the twenty first century. British Journal of Sociology, 57, 455 – 482.
Vogler, C., & Pahl, J. (1993). Social and economic change and the organization of money within marriage. Work, Employment, & Society, 7, 71 – 95.
Webley, P., Burgoyne, C., Lea, S. &Young, B. (2001). The Economic Psychology of Everyday Life. East Sussex, UK: Psychology Press.
Willig, C. (2001). Introducing qualitative research in Psychology: Adventures in theory and method. Berkshire: Open University Press.
Wilson, G. (1987). Money in the Family. Avebury: Aldershot.
Yodanis, C., & Lauer, S. (2007). Managing money in marriage: Multilevel and cross-national effects of the breadwinner roles. Journal of Marriage and Family, 69, 1307-1325.
Zelizer, V. (1989). The social meaning of money: ‘‘Special monies.’’ American Journal of Sociology, 95, 342 – 377.
Amato, P., Booth, A., Johnson, D., & Rogers, S. (2007). Alone together: How marriage in America is changing. Cambridge, MA: Harvard University Press.
Anderson, S., & Sabatelli, R. (2007). Family Interaction: A multigenerational developmental perspective (4ª. ed.). Boston: Allyn & Bacon.
Blood, R., & Wolfe, D. (1960). Husbands and wives: The dynamics of married living. New York: Free Press.
Blumstein, P., & Schwartz, P. (1985). American couples: Money, work, and sex. New York: Pocket Books.
Blumstein, P., & Schwartz, P. (1991). Money and ideology: Their impact on power and the division of household labor. En R. Blumberg (Ed.), Gender, family, and economy: The triple overlap (pp. 261 – 288). Newbury Park, CA: Sage.
Brinton, M. & Nee, V. (Eds.). (1998). The new institutionalism in sociology. New York: Russell Sage.
Burgoyne, C. (1990). Money in marriage: How patterns of allocation both reflect and conceal power. The Sociological Review, 38(4), 634–665.
Burgoyne, C. (2004). Heart-strings and purse-strings: Money in heterosexual marriage, Feminism and Psychology, 14(1), 165–172.
Burgoyne, C., Clarke, V., Reibstein, J., & Edmunds, A. (2006). All my godos I share with you? Managing Money at the transition to heterosexual marriage. The Sociological Review, 54(4), 619-637.
Burgoyne, C. & Lewis, A. (1994). Distributive justice in marriage: equality or equity? Journal of Community and Applied Social Psychology, 4(2), 101–114.
Burgoyne, C. & Morison, V. (1997). Money in remarriage: Keeping things simple and separate. Sociological Review, 45, 363-395.
Burgoyne, C. Reibstein, J., Edmunds, A., & Dolman, V. (2007). Money management systems in early marriage: Factors influencing change and stability. Journal of Economic Psychology, 28, 214 – 228.
Burgoyne, C. Reibstein, J., Edmunds, A., & Routh, D. A. (2010). Marital commitment, money and marriage preparation. What changes after the wedding? Journal of Community and Applied Social Psychology, 20, 390 – 403.
Burgoyne, C. & Routh, D. (2001). Beliefs about financial organization in marriage: The ‘Equality Rules OK’ norm? Zeitschrift fuer Sozialpsychologie, 32, 162–170.
Cherlin, A. (2004). The deinstitutionalization of American marriage. Journal of Marriage and Family, 66, 848-861.
Coleman, M., & Ganong, L. (1989). Financial management in stepfamilies. Lifestyles: Family and Economic Issues, 10, 217-232.
Coontz, S. (2005). Marriage, a history: From obedience to intimacy or how love conquered marriage. New York: Viking.
Fishman, B. (1983). The economic behavior of stepfamilies. Family Relations, 32, 359-366.
Ganong, L. & Coleman, M. (2004). Stepfamily relationships: Development, dynamics, and interventions. New York: Kluwer Academic.
Galvis, L. (2010). Diferenciales salariales por género y región en Colombia: Una aproximación con regresión por cuartiles. Revista de Economía del Rosario, 13(2), 235-277.
Guerin, P., Fay, L. Burden, S. & Kautto, J. (1987). The evaluation and treatment of marital conflict. New York: Basic Books.
Heimdal, K. & Houseknecht, S. (2003).Cohabiting and married couples’ income organization: Approaches in Sweden and the United States. Journal of Marriage and Family, 65, 525 – 538.
Jacobson, D. (1993). What’s fair? Concepts of financial management in stepfamily households. Journal of Divorce and Remarriage, 19(3), 221-238.
Jacobson, N., & Christensen, A. (1996). Acceptance and change in couple therapy. New York: Norton.
Kluwer, E. Heesink, J. & Van de Vliert, E. (2002). The division of labor across the transition to parenthood: A justice perspective. Journal of Marriage and Family, 64, 930-943.
Lauer, S. & Yodanis, C. (2011). Individualized marriage and the integration of resources. Journal of Marriage and Family, 73, 669-683.
Martin, P. (2004). Gender as social institution. Social Forces, 82, 1249 – 1273.
Mintz, S., & Kellogg, S. (1988). Domestic revolutions: A social history of American family. New York: Free Press.
Muhr, T. (2004). ATLAS.ti 5.0 User’s manual (2a ed.). Berlin: Scientific Software Development.
Oropesa, R. Landale, N., & Kenkre, T. (2003). Income allocation in marital and cohabiting unions. Journal of Marriage and Family, 65, 910 – 926.
Pahl, J. (1989). Money and marriage. Basingstoke, U.K.: Macmillan.
Papp, L. Cummings, E. & Goeke-Morey, M. C. (2009). For richer, for poorer: Money as a topic of marital conflict in the home. Family Relations, 58, 91-103.
Pasley, K., Sandras, E., & Edmondson, M. (1994). The effects of financial management strategies on the quality of family life in remarriage. Journal of Family and Economic Issues, 15, 53-70.
Profamilia. (2010). Encuesta Nacional de Demografía y Salud ENDS 2010. Recuperado de http://encuestaprofamilia.com
Stahmann, R. & Hiebert, W. (1997). Premarital and remarital counseling: The professional’s handbook. San Francisco: Jossey-Bass.
Strauss, A. (1987). Qualitative analysis for social scientists. Cambridge: Cambridge University Press.
Strauss, A. & Corbin, J. (1990). Basics of qualitative research: Grounded theory procedures and techniques. London: Sage.
Tichenor, A. (1999). Status and income as gendered resources: The case of marital power. Journal of Marriage and the Family, 61, 638 – 650.
Treas, J. (1993). Money in the bank: Transaction costs and the economic organization of marriage. American Sociological Review, 58, 723 – 734.
Vogler, C. (2005). Cohabiting couples: Rethinking money in the household at the beginning of the twenty first century. Sociological Review, 53, 1 – 29.
Vogler, C., Brockmann, M., & Wiggins, R. (2006). Intimate relationships and changing patterns of money management at the beginning of the twenty first century. British Journal of Sociology, 57, 455 – 482.
Vogler, C., & Pahl, J. (1993). Social and economic change and the organization of money within marriage. Work, Employment, & Society, 7, 71 – 95.
Webley, P., Burgoyne, C., Lea, S. &Young, B. (2001). The Economic Psychology of Everyday Life. East Sussex, UK: Psychology Press.
Willig, C. (2001). Introducing qualitative research in Psychology: Adventures in theory and method. Berkshire: Open University Press.
Wilson, G. (1987). Money in the Family. Avebury: Aldershot.
Yodanis, C., & Lauer, S. (2007). Managing money in marriage: Multilevel and cross-national effects of the breadwinner roles. Journal of Marriage and Family, 69, 1307-1325.
Zelizer, V. (1989). The social meaning of money: ‘‘Special monies.’’ American Journal of Sociology, 95, 342 – 377.