Skip navigation
 

‘Sea change’ seen in spouses’ financial roles

Survey shows few men bothered if wife brings home more bacon

Duane Hoffmann / msnbc.com
  Latest interest rates
MortgageHome EquitySavingsAutoCredit Cards
See today's average mortgage rates across the country.
Loan typeToday+/-Last week
30-year fixed
5.03%
4.97%
15-year fixed
4.51%
4.48%
30-year fixed jumbo
5.86%
5.89%
5/1 ARM
4.38%
4.24%
7/1 ARM
4.57%
4.34%
See today's average home equity rates across the country.
Loan typeToday+/-Last week
$30K HELOC
5.22%
5.22%
$30K home equity loan
8.36%
8.36%
$75K home equity loan
8.25%
8.25%
$50K home equity loan
8.22%
8.22%
$50K HELOC
4.95%
4.96%
See today's savings rates across the country.
Savings typeToday+/-Last week
Money market
.96%
1.00%
$10K money market
1.03%
1.08%
Six-month CD
1.06%
1.09%
One-year CD
1.54%
1.57%
Five-year CD
2.55%
2.58%
See today's average auto rates across the country.
Loan typeToday+/-Last week
48-month new car loan
6.79%
6.79%
36-month used car loan
7.16%
7.15%
36-month new car loan
6.67%
6.67%
60-month new car loan
6.83%
6.83%
72-month new car loan
6.12%
6.12%
See today's average credit card rates across the country.
Card typeFixedVariable
Standard13.46% 11.48%
Gold12.12% 9.90%
Platinum10.97% 12.21%
All12.31% 11.68%
  Market update
Quotes delayed 15+ min.
By Allison Linn
Senior writer
msnbc.com
updated 11:32 a.m. ET March 6, 2008

Alison
Allison Linn
Senior writer

E-mail
It seems we’ve officially left “Leave It to Beaver” behind.

In the new dynamics of home economics, it’s not just that men want women to contribute financially to a marriage: The vast majority of men say they wouldn't even mind if their wives brought home the bigger paycheck.

That’s not the only gender stereotype that’s being left behind as couples increasingly grapple — as partners — with today’s economic realities, according to our exclusive Elle/msnbc.com Money, Sex and Love survey of nearly 74,000 men and women.

Story continues below ↓
advertisement | your ad here

“This is a real sea change that’s going on in gender roles,” said Stephanie Coontz, director of research and public education for the Council on Contemporary Families, who was not involved in the study.

After years of being conditioned to believe that men relish the role of primary provider, researchers were surprised to discover that just 12 percent of men surveyed said they’d mind if their wife earned more than they do, and in general men seemed happy to share the breadwinner role.

Dan Weinrib, a tax assessor who lives in Homewood, Ala., said he enjoyed it when his wife worked, even though he was the primary earner.

“Even if the roles were reversed and she was the primary breadwinner, I would have done A-OK with it, as long as we had sufficient income,” said Weinrib, who has been married nearly five years.

Still, Weinrib, 37, said he also supported his wife’s recent decision to stay home with their infant son.

More pay means equal say
Couples also were hesitant to tie paychecks to purse strings. The vast majority of both men and women surveyed said they didn’t think the spouse who makes more money should have more say in financial decisions.
Video
  Men, women on sex and money
March 6: Alex Postman of Elle magazine and author Ian Kerner talk about the results of a revealing new study on how men and women feel about finance, love and more.

Today Relationship

“I think men are looking for partners. I don’t think they’re looking to dominate,” said Janet Lever, a sociology professor at California State University in Los Angeles who spearheaded the Elle/msnbc.com study.

Weinrib said he and his wife discussed finances before getting married and decided early on to let her handle day-to-day expenses while he manages long-term finances. The roles have not changed even though he is now contributing most of the money.

“What has changed is that certainly we’re on essentially one paycheck,” he said. “We don’t eat out quite as much, but that’s OK.”

Margaret Heekin, 49, of New Jersey, stopped working nearly 10 years ago because of health problems. Heekin often takes the lead in shopping around for bargains, but she and her husband discuss any big financial moves together.

“I don’t feel like it’s a matter of power so much. It’s a joint decision," she said.

  About the survey

Nearly 74,000 people took this year’s Elle/msnbc.com online survey over three weeks. The respondents were 40 percent female and 60 percent male. The survey sample was large and diverse, but it is not considered nationally representative because it was mainly restricted to msnbc.com readers.

The couple also tries to value non-material things, like spending time together, over having the latest fashions or gadgets. When her husband opted against Valentine’s Day flowers because the prices were inflated for the holiday, she didn’t mind a bit.

“I don’t need you to bring me flowers to know that you love me,” she recalled telling her husband, a police lieutenant. “When you get up at 4 a.m. and put on a uniform … that’s how you’re telling me that you love me.”

Money fights persist
Overall, however, money remains a relatively common source of marital strife, with about half of all couples saying they fight about money at least once a month. Contrary to stereotypes, couples also said that big money fights rarely lead to steamy makeup sex — or to one spouse being shut out of the bedroom.

In 21 years of marriage, Kathy Orjuela, 45, has been through just about every financial dynamic, ranging from being her husband’s boss — and bringing home a bigger paycheck — to being a stay-at-home mom while her husband supported the family. Now, the Atlanta-area couple has a business together, and yet money issues still crop up.

“If you’re in it for life, then you know you’re always going to run into financial issues,” Orjuela said.

Nevertheless, although men appeared to happily cede the stress of being the primary breadwinner, they aren’t yet always picking up as much slack on the home front. More than 40 percent of women say they do more than their share of housework — and 29 percent of men agree.


Sponsored links

Scottrade: Trade Stocks
Open an Account Online Today! $7 Trades & Powerful Trading Tools.
www.scottrade.com

Resource guide