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Wales Online
Wales Online
Lifestyle
Richard Blackledge

Martin Lewis shares heartbreaking reason why you shouldn't 'dominate' family finances

Martin Lewis gave an impassioned plea urging people not to leave all the household finance admin to their partner on the latest episode of his Money Show Live on ITV1. It came after his production team carried out a survey where 46% of respondents said that, in their house, one partner manages all the bills and similar affairs - with 78% saying one partner handles the majority.

Lewis told viewers on Tuesday (March 14): "About five years ago I did a speech, and at the end lots of people came up to ask me questions. There were three women in their 40s and 50s who came up, one after the other - they didn't know each other, it was totally coincidental.

"All of them had lost their husbands very recently. All of them asked me effectively the same question: "I know nothing about our finances. I don't know where to start. I've never done it, I'm petrified, what do I do?" One of them, she couldn't even find the money to pay her mortgage and was going into arrears.

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