“They” always say that money is the No. 1 cause of conflict in a relationship. A recent survey conducted by FindLaw.com confirms “their” theory, but also reveals some interesting insights into relationships both old and young – like the fact that today’s younger married women tend to be more money-savvy than their spouses.
According to the survey, married women between the ages of 18 and 34 are the most likely to know about and manage a couple’s finances, and less likely to squabble with their spouses about money.
Some interesting points from the survey:
-Younger women are the most likely to manage the household finances by themselves, rather than letting their spouses handle it or managing the money together.
-While overall “Money” is still the No. 1 issue most married couples fight about, younger women are more likely to fight about their partner’s bad habits, or relatives and in-laws, than money.
-Younger women know more details about their spouse’s finances, such as income, net worth, retirement savings, etc., before getting married.
Read the news release for more information.