Financial Management Practices of Couples with Great Marriages
The purpose of this qualitative study was to learn about financial management practices of 64 self-selected couples from throughout the United States who believe they have great marriages. Three themes emerged from the data. First, for most couples one of the partners handled the day-to-day finances and that required trust and communication. Second, these couples had little or no debt or had a goal of paying off debt. Third, couples lived within their means and were frugal. Other findings described these couples’ practices of having joint or separate accounts, how they dealt with financial challenges, and their view of other couples having financial challenges.
KeywordsDebt Finances Financial management Great marriages Marriage education
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