POUND NOTES
FOUR IN 10 ‘HAVE KEPT MONEY SECRETS FROM FAMILY AND FRIENDS’
FOUR in 10 (40%) people admit having kept a financial product such as a credit card, loan or savings account secret from family and friends, a survey has found.
Partners are the most likely to be left in the dark, according to the research from the Government-backed Money and Pensions Service (MAPS).
MAPS said Millennials aged 25 to 34 are the most secretive age group, with nearly three in five (59%) hiding money products.
This compared with just over a quarter (26%) of retirees aged 65-plus.
Among 25 to 34-yearolds who had kept a product secret, credit cards, personal loans and overdrafts were most commonly hidden.
Despite the coronavirus pandemic having hit the finances of large swathes of the population, more than a third (38%) of people surveyed said they stay silent about money worries, with some of the reasons given including embarrassment or a fear of being judged.
BAG YOURS-ELF A FESTIVE BOOST
CHRISTMAS is just weeks away but with restrictions in place for parts of the UK, shopping for presents isn’t going to be quite the same this year.
Perhaps you’ve been organised and got all your Christmas shopping done already, or are holding out for the best Black Friday deals to finish off.
If you’ve still got plenty to buy, the shops could be busier than ever come December when they are due to reopen again.
Either way, we want to hear from you and there’s £500 worth of Christmas shopping vouchers up for grabs for one lucky person who fills out our Big Christmas Shopping survey and joins The Secret Elves Club.
The Club is a weekly newsletter sent out by our two Christmas Elves, Amy and Alan, and includes information on the best shopping deals and things to do this Christmas.
Everyone who takes part in the Big Christmas Shopping survey will be automatically entered into a draw to win a £500 Love2shop voucher. Now that would hugely help out with the Christmas shopping, wouldn’t it?
Visit secretelvesclub.com/signup