A quarter of Brits have a secret stash of cash

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NEARLY A quarter of British adults have money tucked away their partner knows absolutely nothing about, according to a new survey.

Researchers polled 1,500 people in relationships and revealed the typical man will have as much as £4,234 saved on the sly, with the average female stashing away funds to the tune of £2,768.

Four in ten (41 per cent) of those studied said they have a secret pot of cash because they like being financially independent and 23 per cent said they are keeping it from their other half as they are terrible with money.

The data showed 27 per cent are squirreling away money for a sun soaked holiday, with 38 per cent of those looking for a break in Europe and a further 30 per cent saving for a tropical holiday in a far-flung destination – without their partner.

Almost two in ten (19 per cent) have their eye on a new car and one in five are saving for new clothes and designer items.

But a more careful 23 per cent are saving on the quiet in case their relationship one day breaks down and they need cash for an ‘exit strategy.’

The poll revealed the average adult felt they would need a staggering £22,748 (€26,011.84) as a buffer if their relationship fell apart.

One in five said if their spouse discovered the savings they would want to spend it immediately.

The poll found the most popular place to hide money from their other half was an online savings account (35 per cent), which avoids any bank statements in the post, followed by a regular bank account (26 per cent), whereby respondents admitted to destroying any statements.

But underwear drawers and stuffed at the back of the wardrobe were still popular hiding places for wads of cash. A crafty one in ten (11 per cent) even give their savings to their Mum or Dad to stash away for them.

A high-rolling 12 per cent keep their cash in an off-shore account and more than one in ten women are keeping cash in a bank account in their maiden name which their partner is unaware of.

A blasé 17 per cent of respondents felt it made sense to save in secret – but a more honest 56 per cent felt it was sneaky and deceitful.

Nearly three in ten (29 per cent) said they felt guilty for not being upfront about all their finances, but 36 per cent said they were doing it for the good of the family.

The poll found 42 per cent said they would be furious if they discovered their partner had cash stashed away. In contrast 57 per cent said they would be delighted.

In fact, one in twenty of those said if they found wads of cash in the house, they would nab it for themselves.

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