More than a quarter of UK adults in long-term relationships (26%) have reported that despite living together, they keep their finances separate from one another.
A recent survey was completed by Legal and General (L&G) whereby 3,000 UK adults in relationships were asked about their financial circumstances.
The research showed that 86% felt they had a healthy approach to discussing finances with their partner, with almost a fifth (18%) said they frequently argued about it, and 17% said they would completely avoid the conversation of money with their partner.
Out of those asked, 78% said they had a “good understanding” of their other half’s income, savings 78%, and monthly outgoings (75%).
Almost a quarter said they weren’t sure about any unsecured debt their partner may have (24%), their pension (36%), or any investments (25%).
Source: Legal and General / Cover Magazine
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