Women breadwinners are increasing and that is why joint ownership on money decisions are on the rise!
Hence, you'd need to find a way to manage finances with your spouse that is different from your mum or your grand-aunt's generation.
This chart below shows US female breadwinners which is likely resembling the SG numbers.
Three Key Findings On Couples - Battle between Joint or Separate Accounts!
I did a recent a survey in Seedly Facebook group on how couples (in singapore) manage finances.
109 couples voted. Thank you to each and everyone!
Finding #1: Fixed percentage contribution to joint account was the TOP choice.
Maybe it felt an equitable (not equal) method because the lower drawing half could feel tight if it were the same amount.
Finding #2: At least 61% actively use a join account.
I suspect quite a few use the joint into DBS multiplier.
Finding #3: About 25% use separate accounts. Lower than
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