Almost half of British adults (48%) have ‘fibbed’ when it comes to their finances. The research shows that from a given list, Britons would be most likely to tell financial ‘white lies’ to their partner than anyone else (15%), according to a survey from Standard Life.<\/p>\n
Secret stash of money <\/strong> Telling financial fibs <\/strong> Underplaying savings<\/strong> Salary subterfuge<\/strong> Source data: Telling ‘white lies’ about money and salary Almost half of British adults (48%) have ‘fibbed’ when it comes to their finances. The research shows that from a given list, Britons would be most likely to tell financial ‘white lies’ to their partner than anyone else (15%), according to a survey from Standard Life.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts\/1150"}],"collection":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/comments?post=1150"}],"version-history":[{"count":0,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts\/1150\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/media?parent=1150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/categories?post=1150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/tags?post=1150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nMore than one in five married Britons (21%) would be most likely to fib to their husband or wife about money matters, while the figure is 20% for those not married but in a relationship. When it comes to hiding money, women (9%) are nearly twice as likely as men (5%) to have a secret stash of money \u2013 such as a bank account that they have hidden from their partner.<\/p>\n
\nOverall, 44% of British men admitted telling financial fibs compared to 51% of women. Secret shopping sprees are the most common money-related matter that we lie about (19%), for example, saying we ‘bought it ages ago’ or that ‘it was in the sale’ when the truth is actually very different.<\/p>\n
\nThe financial fibs were not just limited to spending \u2013 14% of people have lied about the amount of savings that they have. Interestingly, two-thirds (65%) of those who have lied about their savings have underplayed, rather than inflated, the amount they have saved up \u2013 72% of women who lied about savings underplayed the amount compared to 58% of men.<\/p>\n
\nWhen it comes to our salary, 7% of Britons admitted ‘salary subterfuge’. However, nearly half (46%) said that when they have lied about their salary to family or friends, they said they earned less than they did, reflecting the typically British characteristics of understatement and modesty.<\/p>\n
\nAll figures, unless otherwise stated, are from YouGov Plc. Total sample size for the survey was 2,080 adults. Fieldwork was undertaken between 10-11 September 2014. The surveys were carried out online. The figures have been weighted and are representative of all GB adults (aged 18+).<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"