It underpins everything': how people in a relationship manage their finances
Briefly

The article highlights the evolving dynamics of money management in relationships, focusing on Laura's experience as a teacher from Manchester. Initially, financial discussions were minimal while she and her husband felt equal in their separate accounts. However, during maternity leave, disparities emerged, particularly with her husband as the sole breadwinner. This shift made her feel financially vulnerable despite contributing through unpaid childcare. Ultimately, merging their finances restored a sense of equality, reflecting a broader trend where couples confront financial complexities amid rising living costs and persistent gender pay gaps.
Even though he recognised my unpaid childcare as an equal contribution, I felt financially at his mercy.
It was only when the couple decided to merge all their assets and bank accounts, Laura says, that their relationship dynamic felt healthy and equal again.
Scores felt that money had become a central topic in their relationships in recent years, with many pointing to the cost of living, financial literacy, pensions and smart investing.
In a world where public services are shot to pieces and another rent increase can tip a person into an existential crisis, how we deal with money in a relationship is underpinning everything.
Read at www.theguardian.com
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