Couples ‘keeping their assets apart’

An increasing number of British couples are opting to keep their assets separated into different financial products, according to a recent study.

Figures put together on behalf of payment provider PayPal have indicated that around 71 per cent of British couples do not share and share alike when it comes to money and other assets.

With millions of people struggling to become debt free, perhaps it is unsurprising that one in six Britons manage their money on their own because they do not want to share any unnecessary financial risks.

Cristina Hoole, a spokesperson for PayPal UK, said: “Our research suggests there is a growing trend emerging between partners and how they manage their finances, with people having separate bank accounts so they can keep control of their own finance.”

The Christians Against Poverty group claimed recently that debt management issues are causing thousands of British couples to break up each year.

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