first as mentioned in the previous chapter evidence from the oecdinfe survey shows that both partners are jointly responsible for daytoday money management in a majority of households across several countries weakening the idea of specialisation in financial decision making moreover the evidence regarding a link between gender differences in financial literacy and specialisation within the household is mixed hsu finds that the financial literacy of older married women in the us increases as they approach widowhood thus supporting the idea of household division of labour anticipating possible widowhood women have incentives to begin learning however fonseca et al