By Ken Y-N ( January 12, 2011 at 00:34)
· Filed under Polls, Society
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Last year (I’m just getting round to translating it now!) iShare conducted an interesting survey looking into family budget management, split into two parts, those who wish to marry and those already married. Today is the unmarried half of the survey.
Demographics
Over the 6th and 7th of December 2010 1,140 members of the CLUB BBQ free email forwarding service completed a private internet-based questionnaire. The sample was split into two groups; first, there were 568 unmarried but hoping to be married people; 66.9% of them were male, 18.5% in their twenties, and 81.5% in their thirties. Next, 572 were married, with 55.9% of them male, 6.1% in their twenties, and 93.9% in their thirties.
My Google AdSense earnings used to be a secret account, but then I had to dig into them to fund a couple of things, so now it contributes ever so slightly to the general family finances.
Research results
Unmarried demographic
Q1: If you were to marry, which of you would you want to work? (Sample size=568)
| |
All |
Male N=380 |
Female N=188 |
| Both work |
83.6% |
85.3% |
80.3% |
| Just me work |
9.0% |
13.2% |
0.5% |
| Just partner work |
7.4% |
1.6% |
19.1% |
Q2: Do you currently have a plan to wed? (Sample size=568)
| |
All |
Male N=380 |
Female N=188 |
| Have a partner I plan to marry (to SQs) |
13.2% |
12.4% |
14.9% |
| Have a partner but no plans to marry (yet) (to SQs) |
17.1% |
14.7% |
21.8% |
| Don’t have a partner |
69.7% |
72.9% |
63.3% |
Q2SQ1: Do you know how much your partner earns? (Sample size=172)
| |
All |
Male N=103 |
Female N=69 |
| Yes (to SQ2, SQ3) |
51.7% |
50.5% |
53.65 |
| No (to SQ3) |
48.3% |
49.5% |
46.4% |
Q2SQ2: Who earns more, you or your partner? (Sample size=89)
| |
All |
Male N=52 |
Female N=37 |
| Me |
42.7% |
57.7% |
21.6% |
| Partner |
41.6% |
25.0% |
64.9% |
| About the same |
15.7% |
17.3% |
13.5% |
Q2SQ3: Do you know how much savings your partner has? (Sample size=172)
| |
All |
Male N=103 |
Female N=69 |
| Yes |
25.6% |
26.2% |
24.6% |
| No |
74.4% |
73.8% |
75.4% |
Q3: If you were to marry, do you think that you both should know how much each other earns and has saved? (Sample size=568)
| |
All |
Male N=380 |
Female N=188 |
| Should know both |
65.5% |
62.9% |
70.7% |
| Should know salary only |
20.8% |
18.9% |
24.5% |
| Should know savings only |
1.6% |
1.8% |
1.1% |
| No need to know either |
12.1% |
16.3% |
3.7% |
Q4: Do you record in a family budget, etc how much you get paid every month? (Sample size=568)
| |
All |
Male N=380 |
Female N=188 |
| Yes |
33.5% |
32.1% |
36.2% |
| No (to SQ) |
66.5% |
67.9% |
63.8% |
Q4SQ: Have you ever lost track of spending money, such as forgetting what you used money on? (Sample size=378)
| |
All |
Male N=258 |
Female N=120 |
| Often |
12.2% |
11.6% |
13.3% |
| Sometimes |
51.9% |
50.8% |
54.2% |
| Never |
36.0% |
37.6% |
32.5% |
Q5: Are you saving for a specific objective or to reach a specific monetary target? (Sample size=568)
| |
All |
Male N=380 |
Female N=188 |
| Only an objective |
10.4% |
8.9% |
13.3% |
| Only a monetary target |
19.5% |
18.9% |
20.7% |
| Both an objective and a monetary target |
9.5% |
7.1% |
14.4% |
| Neither an objective nor a monetary target |
44.2% |
47.6% |
37.2% |
| Not saving anything |
16.4% |
17.4% |
14.4% |
Q6: Do you think you can save more money after marriage than you do now? (Sample size=568)
| |
All |
Male N=380 |
Female N=188 |
| Yes |
41.4% |
41.8% |
40.4% |
| No |
58.6% |
58.2% |
59.6% |
Q7: After marriage, do you think that a family budgeting account for both of you to use is necessary? (Sample size=568)
| |
All |
Male N=380 |
Female N=188 |
| Definitely (to SQ) |
38.4% |
35.0% |
45.2% |
| Probably (to SQ) |
38.4% |
38.4% |
38.3% |
| No |
23.2% |
26.6% |
16.5% |
Q7SQ: After marriage, would you want to have a secret personal bank account for saving your left-over pocket money? (Sample size=436)
| |
All |
Male N=279 |
Female N=157 |
| Definitely want |
18.6% |
14.0% |
26.8% |
| Would want if possible |
53.4% |
53.0% |
54.1% |
| Don’t want |
28.0% |
33.0% |
19.1% |
Q8: Have you ever had a fight with your partner over money? (Sample size=568)
| |
All |
Male N=380 |
Female N=188 |
| Yes |
6.5% |
5.3% |
9.0% |
| No |
93.5% |
94.7% |
91.0% |
Read more on: club bbq,
ishare,
marriage,
money
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