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Put Your Money Where Your Marriage Is

PUT YOUR MONEY WHERE YOUR MARRIAGE IS SECRET SPENDING AND THE GENERATION GAP .......... Generation Y* Baby Boomers** 70% 59% ***....... 60% ********** 50% 45% 45% 41% ... ....... .... *..... 40% 31% 30% 24% 22% 20% 18% ...... 20% 17% 17% ................... 10% 7% Misrepresent amount of purchases Secret account or card Not forthcoming about credit score Buy something partner doesn't agree with Hide purchases Do not disclose debt Generation Y are born between 1981 and 1991| ** Baby boomers are born between 1947 and 1964 YOUNG LOVE, MORE PASSION Couples living under the same roof have a hard time avoiding tension, especially when it comes to finances and spending. DISCUSSIONS ON HOUSEHOLD FINANCES LEAD TO ARGUMENTS: 45% General Population lover 18) Affluents (household income $100k+) 72% Young Professionals lunder 30, household 44% income $50k+) AVERAGE THRESHOLD PRICE AT WHICH COUPLES SAY THEY NEED TO CONSULT WITH DID YOU SAY I DO TO DEBT? THEIR PARTNER BEFORE MAKING A PURCHASE: 43% 20% II ir $275 General Population $395 Affluents 20% of couples over the age of 18 keep some or all of their debt separate from their spouse, compared to 43% among young professionals. $249 Young Professionals Additionally, 31% do not know how much debt they carry as a couple, married or unmarried. WHO SPENDS MORE: SPENDING BY U.S. HOUSEHOLD Most couples pay their bills together. 66% pool their resources, while the other 34% divide their bills equally 66% 34% each month. Pool Resources Divide Equally Married without children in household Single male, no children Single Female, M no children Average U.S. household $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $6,793 $5.655 $4,448 FOOD AND DRINK $6,514 $5,681 $4,825 $3,166 GETTING AROUND $5,477 $7,019 $5,593 $4,721 HOUSE AND HOME $6,398 $8,870 $6,093 $6,187 SHOPPING $8,668 $9,002 $6,297 $5,684 HEALTH AND FAMILY $8,026 $2,939 $2,276 $6,187 TRAVEL AND LEISURE $2,699 Source: americanexpress.comI money.bundle.com DEALS C

Put Your Money Where Your Marriage Is

shared by kcatoto on Mar 25
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Men and women have always kept secrets from their spouse. Among the many secrets kept, money, sex and secrets about family are the most common. Here's an infographic to illustrate the lack of communic...

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Deals.com

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Love and Sex
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