Almost 1 in 10 split because of finances

Almost one in three (32 per cent) couples surveyed have revealed that the recession has made them argue more, mainly about money and household tasks, according to PayPal.

The study conducted by the company revealed that four in five (80 per cent) pairs now keep separate bank accounts - up from 71 per cent last year - which could make things easier when it comes to divorce.

Ruth Whitehead of advisory firm Ruth Whitehead Associates says that women should have their own separate savings and pensions and not rely on heir partners.

In the UK, 13 per cent of couples say they keep separate accounts to avoid arguments, while one in five do so because they do not want to be responsible for their other half's spending.

PayPal's Carl Scheible say that research shows "financial tensions tend to come to the surface once the 'honeymoon' period is over, with over 90 per cent of couples admitting they began arguing about money after they had been together for a while".

Written by Rachel Crook

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Published on: February 10, 2009

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