DIFFERENCES IN FINANCIAL MANAGEMENT BETWEEN THE CONCEPT OF WIVES ORGANISING AND MANAGING FAMILY FINANCES WITH HUSBANDS AS BREADWINNERS AND FINANCIAL MANAGERS

Abstract

This study aims to analyse the differences in family financial management based on two main concepts, namely the wife who organises and manages family finances while the husband is the breadwinner, as well as the concept where the husband not only plays the role of breadwinner but also manages family finances. The research method used is a qualitative method with in-depth interview techniques and case studies through participants from various socio-economic backgrounds. The results showed significant differences in financial management patterns, financial decision-making, and family welfare levels. In families where the wife manages the finances, there is often more detailed financial management and more controlled spending, especially related to household needs and children. In contrast, in families where the husband manages the finances, there is a tendency to allocate funds that focus more on investments and long-term savings. Both concepts have their advantages and disadvantages, depending on the dynamics and communication between the couple. This study suggests the need for mutual agreement and understanding between spouses about the financial responsibilities that will be assumed, as well as the application of the principles of transparency and openness to improve the overall financial well-being of the family.