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Social organization of household finance: understanding artful financial systems in the home

Social organization of household finance: understanding artful financial systems in the home
Social organization of household finance: understanding artful financial systems in the home
In this paper we discuss results of a field study focused on understanding the ways money and financial issues are handled within family settings. Families develop 'systems' or methods through which they coordinate and manage their everyday financial activities. Through an analysis of our fieldwork data collected from fifteen families, we provide several examples of such systems, highlighting their qualities and illustrating how such systems come to support the handling of financial activities in the home. Our results show that these systems are developed with a careful consideration of familial values, relationships and routines; and incorporate the use of physical and digital tools. Consequently, we suggest that design should consider the use and non-use of technology when supporting household financial management, taking into account the richness of families' existing organically formed practices surrounding financial systems. Finally, our findings point to the fact that financial management in the domestic setting is socially organized and is closely connected to supporting everyday household activities.
family, finance, ethnography, CSCW, design
978-1-4503-3592-8
1777-1789
ACM
Snow, Stephen
1ba928e0-a4d7-4392-ae59-31ac8467eb94
Roe, Paul
0cb6db1b-0224-4d12-939d-5c3e52d461d6
Vyas, Dhaval
74485b22-71c5-4e29-976b-3816646150d5
Brereton, Margot
881134fd-1382-4982-9afd-02f96d239e48
Gergle, Darren
Snow, Stephen
1ba928e0-a4d7-4392-ae59-31ac8467eb94
Roe, Paul
0cb6db1b-0224-4d12-939d-5c3e52d461d6
Vyas, Dhaval
74485b22-71c5-4e29-976b-3816646150d5
Brereton, Margot
881134fd-1382-4982-9afd-02f96d239e48
Gergle, Darren

Snow, Stephen, Roe, Paul, Vyas, Dhaval and Brereton, Margot (2016) Social organization of household finance: understanding artful financial systems in the home. Gergle, Darren (ed.) In CSCW '16 Proceedings of the 19th ACM Conference on Computer-Supported Cooperative Work & Social Computing. ACM. pp. 1777-1789 . (doi:10.1145/2818048.2819937).

Record type: Conference or Workshop Item (Paper)

Abstract

In this paper we discuss results of a field study focused on understanding the ways money and financial issues are handled within family settings. Families develop 'systems' or methods through which they coordinate and manage their everyday financial activities. Through an analysis of our fieldwork data collected from fifteen families, we provide several examples of such systems, highlighting their qualities and illustrating how such systems come to support the handling of financial activities in the home. Our results show that these systems are developed with a careful consideration of familial values, relationships and routines; and incorporate the use of physical and digital tools. Consequently, we suggest that design should consider the use and non-use of technology when supporting household financial management, taking into account the richness of families' existing organically formed practices surrounding financial systems. Finally, our findings point to the fact that financial management in the domestic setting is socially organized and is closely connected to supporting everyday household activities.

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More information

Published date: February 2016
Keywords: family, finance, ethnography, CSCW, design
Organisations: Agents, Interactions & Complexity

Identifiers

Local EPrints ID: 386427
URI: http://eprints.soton.ac.uk/id/eprint/386427
ISBN: 978-1-4503-3592-8
PURE UUID: 18b68e54-1c01-4177-810d-f75dd7d1a17c

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Date deposited: 12 Apr 2016 11:55
Last modified: 15 Jul 2019 20:49

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Contributors

Author: Stephen Snow
Author: Paul Roe
Author: Dhaval Vyas
Author: Margot Brereton
Editor: Darren Gergle

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