Brits keep silent on money, says first direct
www.moneynews.co.uk > General finance > Brits keep silent on money, says first direct
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Money News |
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Brits keep silent on money, says first direct
Tue 24th Oct 2006
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It found that just 22 per cent of people in the UK would consider discussing their money problems with a best friend compared with 68 per cent who would open up to their parents.
Females were more likely to talk to their best friend about finances than males, but silence appears to be the trend among both sexes when it comes to talking about matters such as debt management.
Chief executive of first direct Chris Pilling remarked: "At first direct we make a point of understanding that most people may suffer financial difficulties at some point in their lives, and it's absolutely nothing to be ashamed of.
"In fact, with us a problem shared can be a problem halved and we want to encourage customers to speak to us before things get out of hand."
Residents in Yorkshire and the Humber were shown to be the least open group as only nine per cent would confide in their closest friends, whereas in the north-west, this figure rose to 33 per cent.
Differences were reported across age groups as well as regions in the UK, with younger people more open when discussing their financial situation with friends as opposed to older age groups.
A member of the HSBC group, first direct has been the UK's most recommended bank for the past 13 years, according to the bank's website.
Related News : General finance |
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