Summary
More than half of people in relationships in the UK buy items without telling their partners, according to a survey. Men spend more secretly than women, with popular secret purchases being clothing, beauty products, alcohol, and gambling. Younger people tend to spend more in secret compared to older people.
Key Facts
- Over 50% of adults in relationships in the UK engage in secret spending.
- Men spend an average of £2,545 in secret each year, while women spend £1,769.
- Clothing is the most common secret purchase, followed by beauty products for women, and cigarettes and alcohol for men.
- Gen Z individuals spend an average of £4,303 secretly each year, more than older generations.
- Those over 55 tend to spend less, with an average of £384 in secret annually.
- Experts warn that secret spending can lead to financial issues in relationships, impacting budgeting and long-term financial planning.