Money in middle-income Anglo-Celtic marriage is joint and nebulous, wh
ereas money in cohabiting heterosexual relationships is separate and c
alculable. The move from cohabitation to marriage is accompanied by gr
eater jointness in the management of money. As the nature of the coupl
e's commitment becomes more explicit in marriage, money becomes more n
ebulous and less calculable. However, in both marriage and cohabitatio
n, the questions of equality, power and control are blocked so that th
e reality of women's lower income does not challenge the popular disco
urse of marriage and cohabitation being equal partnerships. The secula
r rituals of the marital joint account and purposive pooling in cohabi
tation channel information to reduce the gap between ideology and expe
rience on the one hand, and the contradictions between coexisting ideo
logies on the other. These conclusions are based on two separate quali
tative studies of 16 married couples and 15 cohabiting couples in Melb
ourne, between 1991 and 1994.