Online banking may shift household money control, making women five times likelier to manage

Women in the UK who use online banking tools are nearly five times as likely to manage their household finances and about twice as likely to have the final say in major financial decisions, compared with women who don’t bank online, a new UCL-led study has found. Using nationally representative data of heterosexual couples aged 20–64 from the United Kingdom Household Longitudinal Study, researchers show how online banking enhances its users’ financial influence within their relationship, making them more likely to manage the couple’s money and have the final say in major financial decisions.

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