And finally…three-quarters of Brits reveal all their financial secrets to their partner in year one

A survey carried out by Fidor Bank, a digital-only challenger bank, of 2,000 UK adults in a serious relationship, found that 77 per cent of adults share all their financial secrets with their partner within 12 months of being in a relationship.

By the two year mark 84 per cent have revealed all to their partner, yet 15 per cent never ever fully open up about their finances to their other half.

Six months into a relationship is when Brits are most likely to share their financial situation, with 24 per cent admitting to revealing everything that month, followed by 12 months in, with 17.75 per cent telling all.

However, despite this level of trust over a short period of time, only a slender majority (51.25 per cent) of couples actually admit to sharing a joint savings account (48.75 per cent don’t).

Meanwhile, of Britain’s financial fibbers, they are most likely to lie to their parents (at 26 per cent) and friends (25 per cent) than their partners (22 per cent).

Also, women (at 25 per cent) tend to tell more financial fibs than men (at 20 per cent), with both citing embarrassment, followed by fear of starting an argument, as the main reasons for not telling the truth to their partners.

Overall, Brits are most likely to search online when looking for financial advice (47%), followed by their bank (35 per cent) or their financial adviser (31 per cent).

Sophie Guibaud, VP of European Expansion at Fidor Bank, said: “Valentine’s Day can put people under significant financial pressures, especially considering how close it is after the traditionally expensive Christmas period. Discussing financial issues, especially regarding personal debts, should not be seen as a taboo issue, especially as this issue is affecting more people than ever before in the UK. That’s why it is encouraging to see how open and honest British people are with their loved ones concerning their finances.”

“Many newer banks, including Fidor Bank, have active, informed communities which will also help someone looking for advice on their finances. Overall, the research highlights that banks should do more to earn people’s trust, especially as more people look for answers online, than directly contacting their financial institution for advice and building an active online community can be one way of achieving more trust.”