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Journal of Family and Economic Issues

, Volume 32, Issue 1, pp 27–35 | Cite as

Financial Management Practices of Couples with Great Marriages

  • Linda Skogrand
  • Alena C. Johnson
  • Amanda M. Horrocks
  • John DeFrain
Original paper

Abstract

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.

Keywords

Debt Finances Financial management Great marriages Marriage education 

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Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  • Linda Skogrand
    • 1
  • Alena C. Johnson
    • 2
  • Amanda M. Horrocks
    • 3
  • John DeFrain
    • 4
  1. 1.Department of Family, Consumer, and Human DevelopmentUtah State UniversityLoganUSA
  2. 2.Department of Family, Consumer, and Human DevelopmentUtah State UniversityLoganUSA
  3. 3.Utah State University Cooperative ExtensionMorganUSA
  4. 4.Department of Family and Consumer SciencesUniversity of NebraskaLincolnUSA

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