Evolving Personal Finance » the literature
What Happens When a Spendthrift Marries a Tightwad?
Which adage is correct: “birds of a feather flock together” or “opposites attract”? Overwhelmingly in marriages we choose partners who are similar to us in a variety of characteristics – except for our money personalities. Many people are unhappy with their typical spending behaviors, and disliking a personal characteristic can be motivation for choosing a spouse with the opposite characteristic. People on extreme ends of the tightwad-spendthrift scale we covered two weeks ago might be … Read entire article »
Filed under: marriage, the literature
Are You a Tightwad, a Spendthrift, or Unconflicted?
Yes, there is an academic definition! Rick, Cryder, and Loewenstein developed the Tightwad-Spendthrift scale, published in 2008 in the Journal of Consumer Research. I came across it when reading a paper investigating the connection between spendthrift/tightwad disparities in spouses and marital satisfaction (more on that later). I gave myself the test and I want you to take it, too! From the appendix of “Tightwads and Spendthrifts”, here is the (adapted) Spendthrift-Tightwad Scale: 1. Which of the following … Read entire article »
Filed under: the literature
Joint and Separate Money Series: Odds and Ends
This is the third installment of a series probing the issue of joint vs. separate money in marital and cohabiting relationships, inspired by the great discussion in the comments of my slippery slope of separate money post. In each post in this series, I review the methodology and major findings of a paper in the field and then discuss how my husband and I fit into the results. I encourage you to share your reactions to the … Read entire article »
Filed under: marriage, the literature
Joint and Separate Money Series: Individualized Marriage and Money Management
This is the second installment of a series probing the issue of joint vs. separate money in marital and cohabiting relationships, inspired by the great discussion in the comments of my slippery slope of separate money post. In each post in this series, I review the methodology and major findings of a paper in the field and then discuss how my husband and I fit into the results. I encourage you to share your reactions … Read entire article »
Filed under: marriage, the literature
Joint and Separate Money Series: Changes During the First Year of Marriage
This is the first installment of a series probing the issue of joint vs. separate money in marital and cohabiting relationships, inspired by the great discussion in the comments of my slippery slope of separate money post. In each post in this series, I review the methodology and major findings of a paper in the field and then discuss how my husband and I fit into the results. I encourage you to share your reactions … Read entire article »
Filed under: marriage, the literature
Proposed Series: Literature Review of Joint and Separate Accounts
During a conversation with my officemate about the diversity of comments concerning joint and separate money within marriage, she told me that during college she had read a sociology paper on the ideal number of accounts for a married couple (as she recalled, 5). It had not occurred to me that such topics would have been studied by researchers but I was immediately excited about the prospect of learning about such work. During college I … Read entire article »
Filed under: budgeting, marriage, the literature
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