Financial situationship

Financial Situationships

Are you in a Financial Situationship?

Are you and your partner managing life together but keeping your finances separate? You are not alone. 
 
Our research found that one in four couples in the UK are in a ‘financial situationship’ - partners who share their lives, but not the details of their money. 
That’s 8.7 million people guessing about each other’s spending, savings and financial future. 

 

How well do couples really know each other’s finances?

Most people know their partner's income (78%). They know their partner's savings (68%). They also know monthly essential costs each month. (75%).

Long-term money matters are less clear. Over one-third (36%) do not know their partner's pension savings. Many are unsure about unsecured debt (24%). Others lack knowledge about investments (26%).

Most couples (86%) believe they communicate well about money. Yet, nearly one in five (18%) argue about it. Another 17% avoid the conversation entirely. 

Talking openly about money helps you make better future decisions. It prevents surprises. It also helps you set shared financial goals.

Discover your financial love language

Wondering if you're in a financial situationship or want to discuss money with your partner but don’t know how? Take our interactive quiz to discover your financial love language. 

Take a few moments to answer some simple questions and discover how you and your partner approach money matters. Whether you’re a Saver, a Freestyler or somewhere in between, understanding your financial style can spark more meaningful conversations. 

What feels more romantic to you?

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Additional support

Free guidance

MoneyHelper is a free and impartial service set up to help you with your money and pension choices.

Taking financial advice

You might find it helpful to seek out professional financial advice to understand what’s best for your circumstances. Unbiased can help you find an independent, qualified adviser who's regulated to give advice.

Help with the cost of living

Citizens Advice offers information and support if you’re struggling with the cost of living.