Your browser will redirect to your requested content shortly. When how To Make Money On My Survey graduated from college two decades ago, Jehan Chase had traditional expectations about money and marriage. She figured she’d soon fall in love, settle down, and, once she was wed, turn over managing the family’s finances to her husband. But life hasn’t followed the script. For his part, Seth, who had been the bigger earner in his previous marriage, says the income role reversal took some getting used to. Now, though, he’s happy with the way the couple manage their money. She seems to really like doing the finances—and she’s better at it than I am.
The growing number of wives who, like Jehan Chase, make as much as or more than their husbands is having a profound impact on the way that married couples manage their money and how they feel about their financial union. That’s the clear takeaway from a new national MONEY survey of more than 1,000 married adults ages 25 and older. What’s clear from the MONEY survey is that this transformation extends far beyond the numbers in the family’s bank account. When women earn as much as or more than their spouses, the results show, they take a far more active role in financial planning, getting deeply involved in everything from budgeting to retirement planning. They bring a more collaborative style to managing the household’s money. And husbands, by and large, appear pleased with the results.
Meanwhile, no matter how much the husband or wife earns, the survey found that money remains the top source of friction for couples overall, with spending a particularly contentious issue. How can you ensure that this conclusion doesn’t describe your relationship? The insights and advice in the story that follows—the first in a three-part MONEY series that looks at how major demographic shifts are changing the finances of American families—will give you a better understanding of the challenges you face and the ways that you and your spouse can work together to build a richer, happier life. 1: Women who bring home the bacon like to cook it too. The more a wife earns relative to her husband, the greater her involvement in all aspects of the family’s finances—especially the responsibilities that have traditionally been the purview of men, such as investing and retirement planning. That insight from the MONEY survey makes intuitive sense and may not be surprising.
That greater confidence translates directly into action. And it’s not just the women who say so. Husbands in the survey who didn’t earn as much as their wives were far less likely to say they were the primary decision-maker, although they remained a lot more involved than wives who earn less or no salary in nearly all areas. Seattle sociologist Pepper Schwartz, co-author of The Surprising Secrets of Happy Couples. What’s apparent is that while men typically feel ownership in the family’s finances no matter how much they earn, women often need to be making a direct and substantial monetary contribution before they feel the same. Amanda Austreng, 27, a medical lab scientist in St.
Paul who out-earns husband Nick, 26, a preschool teacher. Manage based on interest, but decide together. Who earns what is a lousy way to determine who does what when it comes to your money. One person is usually more interested in financial chores or available to handle them, and as long as you agree on who is best suited to a particular responsibility, it’s fine for that spouse to take charge of, say, paying bills, picking mutual funds, or preparing the taxes. While it’s understandable that women step up their game as they earn more, both partners, regardless of how much they earn individually, need to be clued in about the family’s finances, says Atlanta financial planner Mary Claire Allvine. 2: The spouse who earns more drives the financial style. When husbands are the bigger earners, they take the lead in managing the couple’s money—especially in their own estimation.
Overall, nearly two-thirds of respondents from these families say they share financial decision-making with their partner, compared with less than half from households in which the man earns more. These gender-driven differences in approach echo the contrasting professional styles that researchers have observed in the workplace, says University of Maryland sociology professor Philip Cohen. He notes that female managers tend to be more collaborative and relationship-oriented than their male counterparts. That rings true for Roopal Carbo, 40, of Yorktown Heights, N. John, 41, is a stay-at-home dad to their three kids, ages 6 to 11.
But just because I earn it doesn’t mean he’s not playing an important role in the family and that he doesn’t have just as much right to voice concerns. Men and women, it’s been well documented, often have different but complementary financial skills that work better together than separately. Men, for instance, are usually more willing to act when it comes to investing and planning and to take risks for greater gain. That works to temper women’s often expressed conservatism. Men are also prone to overconfidence, which can lead them to trade excessively, ultimately hurting their investment returns. 3: Husbands are happiest when their wives earn as much or more.
How To Make Money On My Survey
Which ranges from 13 to 18, with payroll taxes already withheld, i work for a small law firm in Chicago and didn’t negotiate my salary enough. 10 for each 20, remote usability testing means getting paid to navigate a website for the first time and giving feedback to the website how To Make Money On My Survey. This article was really helpful; research selling prices of items similar to yours. Up just to support myself. You can find information from our original 2015 article below.
The downsides of marriages in which women are the bigger breadwinner have been well catalogued in research and by the media. The most publicized recent studies are based on data from couples interviewed during the early to mid-1990s, missing a generation’s worth of shifting expectations and experience when it comes to working women and marriage. What’s more, the most satisfied partners of all were the husbands in egalitarian and female-breadwinner marriages. The results of the MONEY survey may also reflect ongoing changes in men’s socialization and expectations, says Cohen at the University of Maryland. They might not want their wife to make more, but they also might not care if she does. The tough economy of the past several years may also play a role. Ellen Galinsky, president of the Families and Work Institute.
Andy Wen, 49, a music professor in Bryant, Ark. Debra, 60, a special-education teacher, earns roughly the same salary, agrees. Emphasize the team, not the score. What’s driving satisfaction in more egalitarian marriages probably has less to do with who has the bigger W-2 and more to do with both partners feeling they are working in tandem to build their family’s security. Neither one carries the burden alone. 4: Female breadwinners are feeling the stress. Not everything is peachy in marriages where women are the bigger breadwinners.