4. One-sided control. If there is one person in your relationship who controls all of the money, we can pretty much guarantee financial infidelity in the relationship. It indicates a lack of trust, respect and partnership. Both people spend money and need money to make the household run; both need to be involved in controlling the funds. Mr. Mustang himself, Henry Ford said, "Coming together is a beginning. Keeping together is progress. Working together is success."
5. Keeping secrets, large or small. Money secrets destroy relationships. Much like sexual infidelity starts out with small flirtations and grows into a poisonous affair, financial infidelity may start small or unintentionally.
The good news is financial infidelity can be overcome and stopped dead in its tracks. The debt may be there, bad habits may need to be dealt with but a known evil is an easier dragon to slay together than a toxic secret lurking in the dark.
Approach your new relationships, and old, with the desire to work together and discuss your money openly. Your relationships will profit.
The Money Couple®
Scott & Bethany Palmer
Authors of The 5 Money Personalities: Speaking the Same Love and Money Language
Scott & Bethany Palmer are regulars on national TV and radio and speak internationally about The 5 Money Personalities. Learn more about your Money Personality, Money Relationships, or take the free, scientific assessment to uncover your relationship’s financial infidelity.