Financial Management Practices of Couples with Great Marriages
- 1.3k Downloads
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
- Bogdan, R. C., & Biklen, S. K. (2003). Qualitative research for education. Boston: Allyn and Bacon.Google Scholar
- DeFrain, J., & Asay, S. (Eds.). (2007). Strong families around the world: The family strengths perspective. New York: Haworth.Google Scholar
- DeFrain, J., & Stinnett, N. (2002). Family strengths. In J. J. Ponzetti, et al. (Eds.), International encyclopedia of marriage and family (Vol. 2). New York: Macmillan Reference Group.Google Scholar
- Olson, D. H., & Olson-Sigg, A. (2000). National Survey of Marital Strengths. Retrieved June 3, 2009 from https://www.prepare-enrich.com/pe_main_site_content/pdf/research/national_survey.pdf.
- Sanders, C. K., & Porterfield, S. L. (2010). The ownership society and women: Exploring female householders’ ability to accumulate assets. Journal of Family and Economic Issues, 31. Online first: http://www.springerlink.com/content/j257775466502757/fulltext.pdf.
- Schwartz, P. (1994). Peer marriage. New York: Free Press.Google Scholar
- Skogrand, L., Schramm, D. G., Marshall, J., & Lee, T. R. (2005). The effects of debt on newlyweds and implications for education. Journal of Extension, 43, Article 3RIB7. Retrieved March 18, 2010, http://www.joe.org/joe/2005jun/index.shtmlchildhoodandmarriage.
- Stinnett, N., Sanders, G., & DeFrain, J. (1981). Strong families: A national study. In N. Stinnett, J. DeFrain, K. King, P. Knaub, & G. Rowe (Eds.), Family strengths 3: Roots of well-being (pp. 33–42). Lincoln: University of Nebraska Press.Google Scholar
- Wallerstein, J. S., & Blakeslee, S. (1995). The good marriage. New York: Warner Books.Google Scholar