Credit crunch means we're now talking money
Many taboos have vanished over the years, but the credit crunch has finally demolished the traditional British reserve about discussing money.
New research from online credit monitoring service CreditExpert shows that more than half of us - 53% - are far more likely to discuss our personal finances with others than we were just a year ago.
The reasons for our new found openness vary: 28% of people saying they feel better knowing others are in the same boat, while 27% are looking for advice and a quarter want to get their worries out in the open.
A further 39% simply join in when others start talking money and a quarter of us think it's the current hot topic of conversation.
CreditExpert director Darryl Bowman says, "Talking openly is the first step to resolving any financial worries you might have, so the fact that most of us are now prepared to chew the financial fat is a good step forward."
You can see your Experian credit report for free with a trial of CreditExpert, the UKs leading online credit monitoring service.
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