New couples reveal their salaries after eight dates, according to research.
However, the survey of 2,000 adults found half believe disclosing your income to a new partner is one of the most awkward conversations daters can have.
But 55 per cent think it is important to be transparent about incomes at this stage – as 45 per cent believe it can build trust.
On the other hand, 48 per cent of those who disagree want couples to focus on emotional connection rather than finances when the romance is in its infancy.
The research was commissioned by Skipton, which has been in London during UK Savings Week with its ‘Money Talks Booth’ challenging couples to take the awkwardness out of money chat and blindly share their financial confession with an expert on hand.
However, the survey of 2,000 adults found half believe disclosing your income to a new partner is one of the most awkward conversations daters can have.
But 55 per cent think it is important to be transparent about incomes at this stage – as 45 per cent believe it can build trust.
On the other hand, 48 per cent of those who disagree want couples to focus on emotional connection rather than finances when the romance is in its infancy.
The research was commissioned by Skipton, which has been in London during UK Savings Week with its ‘Money Talks Booth’ challenging couples to take the awkwardness out of money chat and blindly share their financial confession with an expert on hand.
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00:00It helped me to be more open about my spending habits when it comes to perfumes.
00:18We've been together, what, three years now?
00:20Yeah, three years.
00:21Well, we've been together for 19 years.
00:24I think people are scared to talk about their salaries with their partners,
00:28purely because of potentially fear of judgment.
00:30I find it very difficult to discuss it.
00:34I feel like I can't really freely talk about money with him
00:38because maybe it puts him in a bad frame of mind.
00:46So, as part of UK Savings Week, Skipton wanted to place this on the street
00:51just to really encourage couples to open up and have them conversations
00:54that maybe they're avoiding having.
00:55I think this is a great idea.
00:57The Money Talks booth reminds me of, like, this dating show that I've seen,
01:00like, you know, where people go in there and talk about love or whatever.
01:03So, yeah, I think it's a great concept because money can be difficult to talk about.
01:07Yeah, I felt a lot less self-conscious in the Money Talks booth.
01:10I felt that I was not being judged or watched.
01:14It was brilliant to be in the booth and listen to customers
01:16being really open and honest about their finances.
01:19It's something that people shy away from, so it was great to be a part of that.
01:22My top tip to couples out there is just be open and honest about your finances
01:27and really open up.
01:28It's not as scary as it seems, and utilise the savings specialist as well
01:32just to help guide them conversations.