Fawcett Society’s research reveals how couples manage their household budgets
According to research, women living in couples with a male partner are almost twice as likely as men to take charge of household budgeting, with 37% and 22%, respectively.
Besides, 49% of women primarily make decisions on groceries, compared to just 14% of men. In addition, 56% say they make decisions on everyday household products all or most of the time.
At the same time, 37% of women feel guilty when purchasing something for themselves compared to 21% of men.
In fact, 40% of men and women aged between 18-34 prioritize financial independence over sharing money with their partner. That’s a comparison to just 18% and 28% respectively for those aged over 35.
We’ve reported that the majority of consumers worldwide are purchasing only as much as they intend to consume in the near future.