Gender Role of Married Couples in Financial Management

C.L.CODOD

Abstract: The study focused on the gender role of married couples in financial management in terms of budgeting, marketing and investment. Majority of the couples are college graduate. As to income level, most husbands are earning Php10,000-15,000 and Php15,000-20,000 while most of the wives are earning Php5,000-10,000. The wives hold the income of the family having 94% out of the total respondents. 34% of them belong to small sized family members and 7% of them belong to big sized family having 11-12 members. 77% of the respondents do not have budget plan. There is gender equality or gender complimentary role of couples in budgeting and marketing their daily needs. However, the independent work of the wife in terms of budgeting is on bills, clothing, foods and savings. While in marketing, the only independent role of women is paying the bills and house rent and buying clothes. The top most factors affecting the gender roles of married couples in financial management are  Income, Educational Background and Attitudes/behavior. It is recommended that each couple should have their own budget plans in order to spend their income wisely. Couples should still compromise their role in budgeting or marketing their income because although the result shows that both are almost doing the budgeting and marketing, there are still instances where wives are actually independently working almost all of it. The DSWD should include proper handling or budgeting of income as one of the topics to be discussed to couples applying for marriage license.

Keywords: Gender roles, married couple, financial management.

Title: Gender Role of Married Couples in Financial Management

Author: C.L.CODOD

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

Research Publish Journals

Vol. 3, Issue 1, April 2015 - September 2015

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Gender Role of Married Couples in Financial Management by C.L.CODOD