Should I Disclose My Assets to My Spouse?... Half of Unmarried Men and Women Say "Full Disclosure"

Survey of 500 Single Men and Women Aged 20-30
7 out of 10 Intend to Create Emergency Savings

As the saying goes, "A married couple is of one mind," but does economic control also become unified after marriage? Duo, a marriage information company, conducted a survey targeting unmarried men and women in their 20s and 30s. The survey results showed that more than half of the respondents said they would disclose all their assets to their spouse after marriage.

According to Duo on the 22nd, more than half of all respondents (54.0%) stated that they would "fully disclose" their assets, including salary, to their spouse after marriage. "Partial disclosure" accounted for 42.2%, and "no disclosure" was 3.8%.

According to a survey on post-marriage asset management conducted by Duo targeting 'unmarried men and women aged 20 to 30,' more than half of the respondents said they would disclose all their assets to their spouse after marriage.
[Photo by Pixabay]

The most common reason for not disclosing assets to a spouse was "Even as a couple, there is no need to know all of each other's assets," at 57.9%.

The preferred asset management method after marriage is 'joint management'

The preferred method of asset management after marriage was "joint management" (32.4%). This was followed by "the person with better financial sense manages" (25.6%), "individual management" (23.2%), "wife manages" (5.6%), "dividing asset management by category" (5.0%), "husband manages" (3.8%), and "doesn't matter" (3.8%).

Those who wanted to manage assets jointly cited reasons such as "being able to pool resources and plan efficient spending together" (56.2%), "being able to trust each other through transparent asset management" (16.0%), and "it is natural for a couple to manage assets together" (13.6%).

On the other hand, reasons for preferring individual asset management included "being able to enjoy financial freedom" (39.7%), "thinking individual management is more efficient" (33.6%), and "believing that a couple does not necessarily have to be an economic community" (19.0%).

Couples preferred to manage joint assets under "joint ownership" (67.8%). Other opinions included "applying each person's asset ratio" (21.8%), "husband's name" (5.6%), and "wife's name" (3.6%).

Seven out of ten unmarried individuals (71.4%) expressed an intention to create a personal emergency fund unknown to their spouse after marriage.

This survey was conducted through the survey company Macromill Embrain from the 23rd to 24th of last month, targeting a total of 500 unmarried men and women aged 25 to 39 with dating experience (250 men and 250 women). The confidence level was 95% with a standard error of ±4.38%P.