There is a 40% chance of your family who keeps this secret from you
Some people are too embarrassed about it, while others try to avoid attention.
You may have said to friends and family members who are most important for you that they can tell you anything, but there is a subject that people tend to stay near the vest, even with Those they trust: money. A recent survey revealed that40% of people arekeep financial secrets of their friends, friends and loved ones. But it turns out, while having some secrets, it is not necessarily a bad thing, keep the financial misfortunes for oneself as the worse situation, for their bank account and their relations. To see why people tend to keep finances a secret, to read and see what people are hiding, check1 out of 5 people lie to have watched this, search shows.
The November 5th of the Silver Consulting Service surveyed in 5,200 British and has reached some interesting conclusions: the millennia are the most secretary age group, with 59% saying that they have a Financial secret. Overall, 37% of respondents were allowed to hide credit cards and 24% keep their personal loans on their own.
People keep financial secrets for a multitude of reasons, but experts indicate two common contenders, mainly embarrassment. "Nobody likes to describe in the world that they are in financial difficulty, as it gives a feeling of" weakness "and" financial irresponsibility ", saysDino Selitaco-founder ofThe debt relief company.
In the same way,Personal development coach Ellen TangFinds that the fear of indulgey stems from the fear of being judged or criticized for their debt, their loan, etc., but that it can be nervous, it's a financial situation, it's better at long term. "Keeping the secret does not usually do more harm than good," says Tang. "It's totally ok to open family members if you are taking struggles and you really should not be ashamed to be in a particular financial situation. If you open, you will be surprised to know that many have been there before and can relate to your burden. "
At the other end of the spectrum, founder and CEO on LLC formationsBradley Stevens stresses that people can be opposed toSharing financial information If they are disabled, the silver consulting service report has also been found. Among the respondents, 21% have a secret savings account. So why do not people want to show? Well, "Polling family members inyour finances Can attract adverse attention to your wealth, says Stevens.
There are various financial secrets that people hold their nearest interior circle. Here are some other common financial topics that people are super secret and learn more money can affect you, discoverWomen focused on this thing are 60% more likely to become divorced.
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1 How much they saved
"The main secret financial persons stand away from their families and friends concern the amount of their savings," saidHACKER GROWTH AND FOUNDING OFDotcomdollar Allan Borque. Borch thinks people tend to hide how much their savings are heavy to protect and avoid family or friends to ask for a loan or judgment that passes. And for more useful information delivered directly in your inbox,Sign up for our daily newsletter.
2 Debt
On the other hand, people often hide credit card debt, says Stevens. We saw the classic scenario played in many sitcoms. A partner has beenHide debt mountains On the other and the secret is revealed when the pair tries to make a great purchase. And it's as common in real life as on television, just as funny. And see what expenses could make to your wedding, checkThe more money you spend money, the more likely you are to divorce.
3 Personal loans
CEO and founder ofDividend Ben ReynoldsSays that some people are also lie to lend the loans, refusing to disclose information with their loved ones for similar reasons to debt. And if you try to watch your expense habits, checkThis word can make you pass more money.
4 Wages
Discuss salaries has become taboo, so people tend to be hesitant to approach the subject. In addition, "most people do not like to share such information because of the fear of an elaborate inferiority complex," says Stevens. "And if their friends or spouse earn more than themselves? And if their friends are more financially stable at an early stage of their career?" And if you are looking to become intelligent with your funds, check 14 smart ways to earn more money right now .