Many individuals still have a 'secret account'

You know things are getting serious when you open a joint bank account with your partner.

According to ING Direct, men are more likely to initiate the opening of a new account, with twice as many males saying they wanted one because they trust their other half.

A total of 67 per cent of people have got a joint account, with many using it for saving and budgeting purposes.

However, the research also indicated that one in five couples have also got "secret savings accounts".

While women were most likely to use this to put money aside on a long-term basis, 27 per cent of men said they used the stash to buy items that their partner may not approve of.

ING Direct's Lisa Claes said some of the results were surprising.

"Women were far more conservative with their secret account, using it as a place for extra saving instead of secret purchases," she remarked.

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