Separate bank accounts - the key to relationship l
30 April 2008
Financial issues are one of the biggest causes of arguments amongst couples, it has been revealed.
According to research conducted by PayPal, even newlyweds are prone to arguing about money - with 27 per cent admitting it was the first thing they rowed about as a married couple.
Finances also cause barneys amongst couples who are still dating - with 59 per cent saying it prompted their first dispute.
These arguments seem to be happening at a healthy frequency, too - four in ten couples say they fight about finances at least once a week and 26 per cent fight about money on a monthly basis.
As a result, it is perhaps no surprise that more and more couples are choosing to keep their finances separate.
The same survey shows that seven in ten couples in the UK (71 per cent) say they have a bank account independent of their partner.
For most, this is simply because they want to keep their own money separate (56 per cent), although 17 per cent do so because they are unwilling to take responsibility for the spending habits of their partner and 12 per cent do so simply to avoid arguments.