Isn't this how things are done in a normal relation? I mean not necessarily giving the money to your wife, but having both yours and your wife's money in the same pool.
I don't know what you mean by financially literate, but they don't have to know much about investments or interest rates. Their job is to set a budget and stick to it every month. Most people will avoid getting deep into debt except for large purchases such as a house or a car, and savings account's interest rates are practically 0%. So being good at managing a budget is nearly all that matters.
But he is dependent on her household management to such a degree that one of the main causes for homelessness is men being abandoned by their wifes in late years when the kids have flown out. He is unable to even cook rice, let alone pay the electrical bill or rent. So he ends up in the street, sometimes with his employment intact.
Suffice to say, this is not true for all men, but common enough to be a known order of events.
Lol, what? I can't tell if you're serious. Just because men depend on women for budgeting and house chores doesn't mean that they have to be homeless after a separation.
That sounds familiar. When I worked in Seoul at a Korean company, the smaller unscheduled bonuses were rewarded in cash. That way the husbands who so desired could go to hostess clubs and room salons on their own dime without the knowledge of their wives, who held the purse strings.
There are plenty of apparent paradoxes like this in Korean society. As a generalization, the men are deeply devoted to their wives and family and will kill themselves at work to afford extra tuition for their pre-school children. But many of them see no contradiction between that level of devotion and letting off steam with prostitutes once a month at hwaeshik.