Around £300!
www.vouchercloud.com has found that most relationship breakdowns result in debt being owed to each other or an outside source, on average around £345.
In a world where it’s the norm to move in together before saying any vows, most coupes have a shared back account or mutual debt and have leant each other money in the past when one has been short before pay day.
Whether it’s money for a house- a mortgage, rent or bills, household items, such as while goods and TVs, loaned money, shared costs such as cars of holidays, there tends to be something left unpaid. Even if the break up has been coming for while it can be hard to prepare for a clean break.
The amounts range from £25.00 to £1,575 averaging out at just over £300.
Honest exes attempt to pay the debt back however it takes from around 1 week to 13 for some, with an average of 4 weeks to sever all financial ties with their previous partner. A break up is not as easy as it sounds for there are always things that drag out depending on financial circumstances once the couple have split. Going form shared costs to individual ones can be really tough to readjust to, meaning longer payback times.
MD of vouchercloud.com, Matthew Wood, made the following remarks:
“Let’s face it, no matter how friendly a break-up is, when money is involved it always becomes that bit more complicated and, potentially, acrimonious. In a perfect world, we would either never break up or keep finances separate, but that’s just not always feasible. We’re not encouraging some sort of prenuptial agreement before entering into a serious relationship; however, maybe purchasing or paying down the middle for possessions and services can avoid any monetary hostilities in the event of a break-up.”
tagged in Partner Couples Relationship