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More men in charge of household finances than women
For the majority of households in the UK, men are in charge of taking care of finances.
This is the finding of Clydesdale and Yorkshire Banks' survey, which revealed that 53 per cent of men consider themselves to be in control of household expenses.
In comparison, 43 per cent of women think they take the lead when it comes to what money is spent on.
Steve Reid, retail director for Clydesdale Bank, said: "It is understandable that household finances are a hot topic for many couples as it is such a bit part of cohabiting."
The north-east saw the greatest disparity between sexes, with 41 per cent of men thinking they are in charge of finances, compared with 18 per cent of women.
Regardless who is responsible for household finances, families continue to feel the pinch as their disposable incomes decrease.
Andrew Hagger, spokesman for Moneynet.co.uk, said lack of pay rises and rising outgoings mean that there is very little left at the end of the month.
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This is the finding of Clydesdale and Yorkshire Banks' survey, which revealed that 53 per cent of men consider themselves to be in control of household expenses.
In comparison, 43 per cent of women think they take the lead when it comes to what money is spent on.
Steve Reid, retail director for Clydesdale Bank, said: "It is understandable that household finances are a hot topic for many couples as it is such a bit part of cohabiting."
The north-east saw the greatest disparity between sexes, with 41 per cent of men thinking they are in charge of finances, compared with 18 per cent of women.
Regardless who is responsible for household finances, families continue to feel the pinch as their disposable incomes decrease.
Andrew Hagger, spokesman for Moneynet.co.uk, said lack of pay rises and rising outgoings mean that there is very little left at the end of the month.
Copyright
Published: 11/10/2011
The information in this article was correct at the time of publication and contains time sensitive data and links, it may not be accurate at the time of reading.