TABLE 2.
Female
|
Male
|
Diff. | p-value | |||||
---|---|---|---|---|---|---|---|---|
N | Mean | SD | N | Mean | SD | |||
Financial literacy index | 844 | −0.537 | 0.965 | 678 | 0.158 | 0.978 | −0.695 | <.001 |
Age | 0.331 | |||||||
18–35 | 844 | 0.199 | 0.400 | 678 | 0.159 | 0.366 | 0.040 | |
36–50 | 844 | 0.355 | 0.479 | 678 | 0.338 | 0.473 | 0.017 | |
51–65 | 844 | 0.257 | 0.437 | 678 | 0.275 | 0.447 | −0.018 | |
66+ | 844 | 0.189 | 0.391 | 678 | 0.228 | 0.420 | −0.039 | |
Race | 0.047 | |||||||
White | 844 | 0.750 | 0.433 | 678 | 0.834 | 0.372 | −0.08 | |
Black | 844 | 0.137 | 0.344 | 678 | 0.088 | 0.284 | 0.048 | |
Other | 844 | 0.114 | 0.318 | 678 | 0.078 | 0.268 | 0.036 | |
Education | 0.168 | |||||||
High school dropout | 844 | 0.050 | 0.219 | 678 | 0.040 | 0.197 | 0.010 | |
High school graduate | 844 | 0.356 | 0.479 | 678 | 0.281 | 0.450 | 0.075 | |
Some college | 844 | 0.250 | 0.433 | 678 | 0.262 | 0.440 | −0.013 | |
College graduate | 844 | 0.344 | 0.475 | 678 | 0.416 | 0.493 | −0.073 | |
Income | 0.049 | |||||||
<$35K | 844 | 0.273 | 0.446 | 678 | 0.211 | 0.408 | 0.063 | |
$35K–$60K | 844 | 0.278 | 0.448 | 678 | 0.248 | 0.432 | 0.029 | |
$60K–$90K | 844 | 0.272 | 0.445 | 678 | 0.305 | 0.461 | −0.033 | |
>$90K | 844 | 0.177 | 0.382 | 678 | 0.236 | 0.425 | −0.059 | |
In a couple | 844 | 0.524 | 0.500 | 678 | 0.664 | 0.473 | −0.140 | <.001 |
Marital status | 0.003 | |||||||
Married | 832 | 0.481 | 0.500 | 674 | 0.628 | 0.484 | −0.147 | |
Cohabiting | 832 | 0.047 | 0.211 | 674 | 0.039 | 0.195 | 0.007 | |
Separated | 832 | 0.013 | 0.112 | 674 | 0.013 | 0.113 | 0.000 | |
Divorced | 832 | 0.156 | 0.363 | 674 | 0.115 | 0.319 | 0.041 | |
Widowed | 832 | 0.076 | 0.265 | 674 | 0.035 | 0.183 | 0.041 | |
Never married | 832 | 0.227 | 0.419 | 674 | 0.170 | 0.376 | 0.057 | |
Years in current relationship | 519 | 20.930 | 14.485 | 490 | 23.277 | 15.637 | −2.347 | 0.014 |
Years in last relationship | 199 | 17.468 | 13.747 | 105 | 17.787 | 15.492 | −0.319 | 0.853 |
Years since last relationship | 201 | 14.707 | 10.448 | 105 | 11.412 | 10.424 | 3.295 | 0.009 |
No dependents | 844 | 0.465 | 0.499 | 678 | 0.535 | 0.499 | −0.070 | 0.007 |
Number of dependents (if >0) | 402 | 2.178 | 1.333 | 290 | 2.142 | 1.120 | 0.036 | 0.705 |
Working for pay | 820 | 0.642 | 0.480 | 651 | 0.693 | 0.461 | −0.051 | 0.039 |
Education relative to partner | 0.151 | |||||||
Partner has more | 519 | 0.169 | 0.375 | 490 | 0.189 | 0.392 | −0.020 | |
Both same | 519 | 0.590 | 0.492 | 490 | 0.637 | 0.481 | −0.047 | |
Partner has less | 519 | 0.242 | 0.429 | 490 | 0.174 | 0.380 | 0.068 |
Notes: Data are weighted. Financial literacy index is standardized. Summary statistics limited to those with non-missing financial literacy. p-values are for t tests for independent variables, χ2 tests for categorical variables.