Do You Know Who Really Makes Most Of The Money Decisions In The Household?
Who’s really pulling the household strings financially? According to a new study, there seems to be a big divide between who thinks they’re in charge of the money decisions and who actually is.
A CreditCards.com survey of adults living with others in households found that men and women don’t agree on how men and women think they spend money. “Seventy-three percent of women say they’re primarily responsible for buying clothes and shoes; 23 percent of men agree. When households plan vacations, 41 percent of women say they call the shots, but only 12 percent of men agree,” reported USA Today.
CreditCards questioned men and women who were “primarily responsible” when it came to spending and found that regardless of who earns the most money in the relationship women have more purchasing power and men have less of a say in how the money is spent than the men might think.
“We’re not surprised there was a split,” said Matt Schulz, CreditCards.com senior industry analyst. “Anyone who’s been in relationships will tell you that sometimes, you view things a little different from your partner. But to see how split things were was surprising.”
Do these findings mimic your household?