Cash tops taboos among Britons
Published On 13 October 2007
Money has overtaken politics as the greatest conversational taboo, according to a new study by independent personal finance website Fool.co.uk.Research revealed that, although politics has been long-viewed as a taboo subject, 12 million (28 per cent) British adults would rather talk about it than money.
After politics, religion (20 per cent), career problems (20 per cent) and relationship problems (12 per cent) were all favoured topics of conversation compared to money.
In total, the survey revealed that two thirds (66 per cent) of respondents believed money to be a personal subject that should not be discussed in public.
David Kuo, head of personal finance at the website, said: "This really shows the lengths that we'll go to in order to avoid discussing money if we'd rather talk politics than our finances!
"As the old saying goes – a problem shared is a problem halved. By not talking about our finances, we're bottling up all those money worries and debt concerns, and this isn't doing us any good as a nation."
According to research from Abbey Loans, 4.4 million credit hungry Brits are have borrowed an average of £116 from friends, totaling a massive £510 million, in order tide them over until pay-day and clear existing debts.
