Abstract

The purpose of this study was to examine patterns ofmoney management and control of family finances. The data for this study were collected from 311 wives who were currently employed in professional, managerial, and clerical occupation living or employed in Seoul. Frequency, percentage and cross-tab analysis were used to analyze the data. The results were as follows: 1) money management patterns were classified into six types; wife-management pattern, wife-management/husband-alienation pattern, wife-management/husband-involvement patter, joint management pattern, joint/separate mixed pattern, and multi management pattern. Among them wife-mannagement pattern was used most frequencly by the couples. 2) Four family finance control patterns were found and named by joint control, wife control, husband control, and self control. The joint control pattern was found to be the most prevalent one. 3) Money management patterns influenced how family finances were controled.

Keywords