New research from Abbey Current Accounts reveals that 7.5 million Brits - or 12% - keep a sneaky CASHFLO or 'Current Account Secretly Hidden From Loved Ones'.
25-34 year olds are most likely to keep their finances secret, whilst 16-24s are least secretive, followed by the 55+ age group. Meanwhile, people in North East have the highest number of CASHFLOs, followed by the North West and London. The bottom three CASHFLO regions are Scotland, the South West and Yorkshire.
Steve Shore, Head of Banking, at Abbey, makes the point that whether or not you keep your actual account itself secret there are some things you should always keep to yourself. For example, never share your chip and pin with anyone - even if you share a joint account with someone. And never quote all your security details over the phone as no bank staff will ever ask you to.
01 May 2007 © Moneyextra.com
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