Centre for Policy on Ageing
 

 

Behind closed doors
 — older couples and the gendered management of household money
Author(s)Dinah Bisdee, Tom Daly, Debora Price
Journal titleSocial Policy and Society, vol 12, no 1, January 2013
PublisherCambridge University Press, January 2013
Pagespp 163-174
Sourcejournals.cambridge.org/sps
KeywordsAgeing process ; Married couples ; Financial services [older people] ; Income [older people] ; Older women ; Older men ; Attitude.
AnnotationAs couples survive longer and live together into older age they face many issues of financial management, including daily money management on reduced and/or reducing income, and paying for care or the additional costs of disability. Yet household money management is highly gendered, especially for older age groups. This has implications for the ability of women in particular to manage financial decisions in the face of their partner's illness or widowhood, as well as for their autonomy and well-being. This study analysed in depth qualitative data from 45 older couples across the socio-economic spectrum to show that women have varying emotional responses to money management in coupledom: `accepters' who accept financial inequality and dominance by their husbands, `resenters' who recognise these inequalities but resent them, and `modifiers/resisters' who retain financial independence and power within their relationships. The study found that it was only the latter group, who had long histories of financial control and management, who were well placed for financial management and decisions in later life. By recognising the implications of different types of couple relationship, policies can be better designed to assist those navigating money in later life. (JL).
Accession NumberCPA-130322231 A
ClassmarkBG: SM: J: JF: BD: BC: DP

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