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Brits 'not discussing' credit card charges

Credit card charges is one topic that Brits seem to be reluctant to talk about, as new research by Scottish Widows found that money is the top topic of taboo.

Findings showed that money or finances are the things people are hesitant to talk about with people they know.

However, it also revealed that younger people (aged below 34) are bucking this trend and are more willing to discuss money issues.

Catherine Stewart, savings expert at Scottish Widows, said: "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.

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

When they were asked why money is a taboo subject, three quarters said it is just not a topic that should be discussed with friends or work colleagues.

Charles Baker

Charles is a reputed financial analyst with almost decades of experience under his belt.

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