Changing household financial strategies: Canadian couples today

In Canada, there has been a marked increase in the relative frequency of dual earner families, and especially of dual career families, compared to breadwinner/homemaker families. Effects of this change on the handling of incomes inside the household are examined here. In this paper, quantitative survey data and qualitative data on strategies of financial management are described and analyzed for co-resident couples in Winnipeg. Findings are presented on control over income, financial possession, and access to household money. These findings are interpreted as evidence of a shift in the form of companionate marriage toward greater equality of economic agency. It is suggested that the most common household financial strategy among Canadian couples today is that of flexible shares.