Women and Money through the Ages
If you look back to Tuesday February 13, 2018, you will see
that I am discussing the history of women and money. Today, we continue.
Next, we move into ancient Rome. The Romans were more
liberal than the Greeks were. This culture allowed women divorce, hold property
and inherit. Divorces were easy to get and men had the legal right to retain
custody of children.
In 565 AD, the Byzantine empire,
Justinian laws allowed women to be married without a dowry though there were pre-nuptial
gifts which, if a woman cheated on her husband, the man was allowed to divorce
her and keep the gifts. He was also entitled to keep the dowry, if there was
one, and a third of any property she possessed! Some working women, such as
prostitutes and tavern-owners, did not have the right to marry Roman citizens
and Roman men could only keep them as concubines.
Emperor Justinian’s wife, Empress
Theodora – a former actress and wool spinner – left her jobs when the Emperor
started to court her. She apparently influenced him to expand property and
divorce rights for women.
AD1600s, in the Middle East. Islam
is founded in Arabia and women are allowed the right to inherit estates, own
property and initiate divorces. As in Jewish law, the eldest son received
double the inheritance when a parent died. Men could inherit half the wife’s
estate unless there was a child then he would get 25%.
Next, we go to the 800ADS and
Europe. Here Anglo-Saxon laws allow women to own property before and after
marriage. In Norse societies, women conduct business as equals with men.
Fast forward a few centuries to
the 1100s in England. English common law – a combination of Anglo- Saxon and
Norman traditions lead to the creation of coverture. Coverture is the belief
that married men and women are one financial entity. Because of this, women
could not own property, run taverns or stores or sue in court. Widows and
unmarried women though could enjoy those rights. Over time, the theory of
coverture distorted the view that women are owned by their husbands.
So that’s it for today. We’ll see
you next week for more on women’s history with money.
Do you want to learn the 5-Step
process I used to save myself over $400,000.00 in future credit card interest
charges? Then watch this video to learn more about the 7 Days Towards Financial
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Thanks to https://www.theguardian.com/money/us-money-blog/2014/aug/11/women-rights-money-timeline-history for the above information.
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