theallowancesystem - men gave women an allowance while the men kept the surplus value from themselves
pooling - both partners had access to the income and had joint responsibility of the accounts
decision making (edgell)
very important decision - e.g. finance, moving house, changing jobs were made by the husband
importance of decisions - e.g. childrens education, holidays were made by the wife
less important decisions - e.g. home decor, food were made by the wife
women earn less than men so the wife was automatically dependent on them economically
Evaluation of decision making
Laurie and Gershuny (2000) found by 1995, 70% of couples said they had equal say in financial decisions
The 'personal life' perspective on money
focuses on the meanings couples give to who controls the money
Carol Smart (2001) found gay men and lesbians attached no importance to who controlled money and were happy to leave this to their partners
she also found that there is greaterfreedom for samesex couples to do what suits them as a couple
she suggests this may be because they do not enter relationships with the same 'historical, gendered, heterosexual baggage' of cultural meanings around money