16 May 2008
- Over 955,000 Britons would leave their partner if financially independent
- Almost a third (29%) would leave their jobs if they had enough money
- A nation on the move, (41%) of people would travel the world with financially security
Financial security and independence really does buy freedom for Brits according to a survey from Kaupthing Edge, the online retail financial services offering of Iceland’s largest bank, Kaupthing and its UK subsidiary, Kaupthing Singer and Friedlander.
Nearly a third of Britons state they are reliant on their partner or spouse for financial security (30%), but it seems that not all these relationships are based on love. Over 955,000 Brits would leave their partner if they were financially secure for life. Love appeared to falter in the older age group with 346,000 Brits saying they would leave their partner compared to only 135,000 of 18-34 year olds.
Britons are certainly a society on the move with (41%) of people saying they would travel the world and a further (29%) leaving their job if they had financial security. Nearly a third of men (28%) believe the grass is greener in another country and would move abroad compared to less than a fifth (18%) of women.
However our dreams of financial security are a far cry from reality. Of those Britons who do have money left over at the end of each month, (53%) do not maximise their savings and leave their money languishing in a low interest account rather than transferring to a high interest savings account.
Ashley Whittaker, Head of Retail Savings at Kaupthing Edge comments:
"And while it doesn’t really matter what people want to do with financial freedom it is crucial to take a closer look at your finances. Kaupthing Edge currently offers instant access to your savings at a competitive rate of 6.5% AER and rate guarantee of 0.3% above base rate until 2012."