One in 10 people lies to partner about spending habits

One in ten people in relationships lies to their partner about their spending habits – and men are more likely to be dishonest than women.

A quarter of couples do not talk regularly about their finances, a survey of 1,000 people in the Netherlands by online bank N26 found, according to the Telegraaf.

Overall 12% of men were less than fully honest about how much they spent, compared to 9% of women. One in seven people had no idea what their partner earned.

The survey also found that millennials – the generation born between 1985 and 2000 – were most worried about being judged by their partner for their spending. One fifth of this group said they feared being shamed compared to 14% overall.

More than a quarter of millennials (27%) felt restricted by the amount they earned, compared to just 9% of over-50s. Nevertheless, 87% of those surveyed felt they were in control of their monthly earnings and 75% of couples had shared savings targets, most of which they were able to realise.

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