How we lie about money

The research by financial guide Money Advice Service also found that 24 percent lied to their partners about what they spend on themselves.

The research by financial guide Money Advice Service also found that 24 percent lied to their partners about what they spend on themselves.

Published Apr 24, 2015

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London – Honesty is key in any relationship – but almost half of us lie to our partners about our finances, a study has revealed.

Forty-five percent of Britons have lied about their earnings, spending, bills or credit cards. And 41 percent said they were in the dark about their partner’s finances.

Around one in five have lied to a partner about what they earn, with 10 percent of those surveyed having understated their salary, 4 percent having overstated it and another 4 percent admitting to lying in both ways.

Of those who downplayed their wages, the main reason was to spare the feelings of a partner who earned less. However some said they lied to make sure their partner was with them for the right reasons – and not because of their bank account.

The majority of insecure workers exaggerated their salary to a partner because they didn’t think they would stand a chance otherwise. Not wanting a partner to think they earned more came in second.

The research by financial guide Money Advice Service also found that 24 percent lied to their partners about what they spend on themselves.

For women clothes were the biggest reason for lying, with 66 percent fibbing about the cost of their wardrobe, while for men, technology purchases had caused 27 percent to lie.

Daily Mail

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