Nearly half of single working women are more likely to say yes to a marriage proposal than a joint bank account with their boyfriend, according to a recent report.
The report by Friends Life, entitled 'Working Women,' reveals a new generation of self-sufficient women who are keen to keep control of their purse strings and not answer to anyone about their spending habits.
Not only are 45% of single women reluctant to commit themselves to their partner financially, this sense of financial independence is likely to translate into greater financial autonomy once they are married, the report shows. Some 61% of working women under 30 claim that financial independence benefits their relationship.
This savviness is partially a product of the recession, but 39% of these women also cite the mistakes of their parents as the catalyst which encouraged them to take control of their finances. It is increasingly difficult to ignore the economic realities of having a family, retirement or even divorce and many women do not want to repeat the mistakes of their mothers when it comes to ensuring their financial security.
