Which money myth do Brits cling to hardest — and refuse to let go of?

The idea that renting is financial failure is deeply ingrained in British culture, yet it ignores flexibility, opportunity cost, and the eye-watering cost of buying. Still, try telling that to your nan at Christmas.

Millions of Brits quietly assume the state pension or a workplace scheme will be enough — then panic at 55 when they do the maths. Blissful ignorance has never been so expensive.

The British obsession with property as a failsafe investment ignores crashes, maintenance costs, and the sheer illiquidity of having your wealth trapped in a semi-detached in Swindon.

High earners going broke is more common than anyone admits, yet the assumption that a fat payslip equals financial security keeps people spending beyond their means with supreme confidence.

The moral panic around any form of debt stops many Brits from leveraging low-interest borrowing strategically — while simultaneously carrying a credit card balance they never discuss at dinner parties.