Number 23: Household monies and decision-making
This review studies the literature on within household attitudes and behaviour vis-à-vis money, in order to understand the implications for the wellbeing of individual household members, particularly children.
Three types of studies were reviewed:
- Interview-based studies,
- Economic studies, and
- Studies into new family types.
These studies probe couples' attitudes to money and analyse decision-making in terms of who manages the household's finances and who actually controls spending decisions