Money talk remains off limits

With shows like Jeremy Kyle and Embarrassing Bodies it seems Brits have absolutely no shame in sharing intimate details of their lives with anyone who'll listen, yet there is one subject that remains taboo.

Money is the topic we're still most reserved to talk about, according to a study by Scottish Widows.

In the study of over 2,000 adults, finances were cited as a subject strictly off limits for conversation for many people with 43% saying they wouldn't discuss it with friends, 23% with family and 62% with colleagues. It is considered more taboo than tricky topics including weight, relationships and children.

Money related worries made up three of the top conversation killers with many feeling uncomfortable discussing general finances, salary and pension.

Catherine Stewart, savings expert at Scottish Widows said: "We are a nation who simply do not want to discuss our money worries, and much of our personal lives are off limit even to our nearest and dearest. It is a very British trait to avoid discussing personal and taboo subjects such as money, particularly for older generations that have been brought up in this way.

Changing attitudes
The majority of respondents (75%) said money is simply a topic that shouldn't be discussed with their friends and work colleagues. And just over one in 10 (13%) said their other half wouldn't like them to communicate their financial situation to their friends

Yet it seems younger generations are more comfortable talking about their finances, with 18-34 year-olds the age group most likely to discuss money issues.

"It is encouraging that the younger generation is breaking with tradition and is more comfortable talking about their finances," adds Stewart. "However they should choose who they go to for advice carefully."
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