When moving, the man of the house is more likely to be solely responsible for sorting out the finances than women, says a new report. Apparently, 48% of men in a relationship will typically manage the finances for moving, compared to 34% of women.? However, when it comes to deciding when and where to move, results show it is a joint decision.?
And it seems that the older we get, the less likely we are to consult with our partners – 69% of those aged less than 35 make a joint decision to move compared to 58% of the over 65s. Typically, UK adults are less likely to sort out the finances jointly when moving, with just 36% sharing the responsibility. Conversely, those in Yorkshire and Humber prefer to go it alone, with only 53% making a joint decision to move.?
Half of the North will sort the finances jointly ? the North is the highest region when sorting finances jointly (51%).? With only a quarter (24%), the East Midlands is the lowest region for arranging the finances together.?