You are here: Home - Mortgages -

Financial responsibility attractive to men and women alike

Written by:
New research has found that being good with money was more important than appearance, background and education to women looking for a romantic partner.

According to a survey of more than 2,000 Brits by Experian, three quarters of British women say financial responsibility is an attractive quality in a partner, on par with intelligence (74 per cent). Only sense of humour (87 per cent) ranked higher.

With 70 per cent of couples claiming to make all major financial decisions together – and refusing to spend more than an average of £313.46 without their other half’s approval – sharing the same life goals (59 per cent) and family plans (64 per cent) were more important than wealth (21 per cent), occupation (32 per cent) and salary (34 per cent) to women.

Men ranked financial responsibility 20 points lower, leaning more towards physical attractiveness, but being good with money was still in the top five attractive attributes.

Julie Doleman, managing director at Experian Consumer Services, said: “Financial compatibility can be an important part of a successful relationship.”

Where financial priorities are mismatched, conflict ensued. According to Experian’s research the vast majority of Brits had argued over money with their partner. Some six per cent has such arguments regularly, usually over spending.

One in ten couples have had to postpone taking out a joint credit agreement, like a mortgage, because of one partner’s credit score while previous Experian research has shown that 17 per cent of Britons have seen their or their partner’s credit score suffer when linked with that of a less responsible partner.

Doleman concluded: “Talking about money and especially debt can be difficult for some, but if you and your partner have hopes and aspirations together for the future, understanding your financial history, is a really good starting point in realising your dreams for the future. “

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Tips on saving for school fees as costs soar

A new CEBR report commissioned by Killik & Co reveal the soaring costs of private education with the cost for...