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Published: 15/02/2017
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Love may have been in the air yesterday, but today, many people could be getting back to reality with a bump, particularly when it comes to their finances. Indeed, research shows that few couples trust one another with their cash, but given that a worrying number of those lie to their partner about their spending habits, it's little wonder.

Trust issues

Research from Paymentsense found that a third of respondents believe their partner is lying to them about how much money they spend, which could actually be a fairly accurate representation of individual behaviour: after all, 40% of women admit to lying to their partner about what they spend their money on, and the same is true for 38% of men.

There are variations in what they lie about, however, with one in 10 women lying about how much they spend on food, and 16% saying things were on sale so they can say purchases were cheaper than they actually were. Meanwhile, 23% of men have lied about their alcohol spending, and they are more likely to lie about gambling.

Perhaps unsurprisingly, couples aren't particularly trusting when it comes to their financial products – only 46% of married couples surveyed trust their partner with their credit card, which given such widespread dishonesty, is little wonder!

Couples that save together…

Perhaps one way to boost financial trust in a relationship is to have a joint current account, something that could be particularly suitable for sharing the responsibility of household bills. The same could apply to credit cards – if you're both on the account you'll both get the same statements, so there's nowhere to hide!

And what about savings? Setting a goal and both squirrelling away money into the same savings account could be a great way to build trust and work towards a larger goal, be it a first home together, renovations, a holiday or even a wedding. Spending time going through the budget together could also pay dividends – it may not be the most romantic of pastimes, but if you're both on the same page and are working together, you may end up being a whole lot more trusting with each other.

What next?

Compare current accounts, whether you're looking for a joint variety or one for yourself

Find the best credit card for your needs

Check out the top savings deals


Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

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