UK adults are more likely to talk to their partners and close family about financial affairs but are now turning to more unconventional people.
Wealth management firm Tilney commissioned an online poll of 2,001 Brits and found 63% would talk to their partner about finances.
Close family (45%) was just in front of financial adviser, which took 39% of the vote.
Shockingly, almost one-in-10 (8%), the equivalent of 4.2 million adults, would engage with their followers via social media channels or chat to a taxi driver about their finances.
Some 9% admit they would speak to their hairdresser, and the same number would share their money concerns having a drink down the pub.
Breaking taboos
Lee Dooley, director at Tilney, said: “Money is one of those topics us Brits are typically quite reserved about with some people fearful of discussing something so private.
“Most people would rather talk about anything else, particularly if they have money worries. So, our research results are encouraging as they show a growing trend of people breaking taboos and opening up.
“It’s always best to start a conversation with someone, than not talk to anyone, and sometimes anonymous listeners might be easiest.
“Of course, when faced with big life moments, it’s definitely worth seeking professional financial advice.”
Gender differences
Tilney’s research also found that men are more likely than women to open up to strangers about their finances.
More men would speak to a stranger (10% vs 6%), a taxi driver (11% vs 6%), or their followers on social media (11% vs 6%).
Whereas, more women would turn to their close friends (38% vs 33%), parents (32% vs 31%) or their children (29% vs 26%).
