Financial Infidelity: 5 Steps To Coming Clean


Financial Infidelity: 5 Steps To Coming Clean [EXPERT]
How to tell your partner you lied about your spending.

5. Focus on the future. Depending on the level of financial infidelity you are dealing with, your partner might have questions or concerns. These questions and concerns might be about serious financial damage that you'll need to repair. There might be issues of trust and resentment, which might be hard for you to deal with. If there has been a severe breach of trust, we strongly recommend seeking professional marriage counseling. But, do not let your past define your relationship.

Come to this conversation with ideas for repairing the financial and relational damage, and make a plan for moving forward. Show your partner that you are committed to building something new, together. Plan a Money Huddle, and use that time to take a hard look at your financial picture.Recovering from financial infidelity is never easy. But with time, patience, trust, and a true commitment to change, you and your partner can rebuild your money relationshipThe Dreaded Budget


Money Huddle Tip: During the “Needs” part of your next Money Huddle, tell your partner spouse, “I love you, and I want to have a close relationship and I need to confess some Financial Infidelity…..”

Financial Infidelity is painful! That's why we've dedicated 5 chapters of our book to it.  Get the tools to stop the pain - here

This article was originally published at The Money Couple. Reprinted with permission.
Article contributed by

Scott And Bethany Palmer The Money Couple

YourTango Expert Partner

The Money Couple, Scott & Bethany Palmer are parents, finance experts, authors, and regulars on national TV and radio. With 40 years of combined financial planning experience they launched The Money Couple to help couples and families improve their relationships with love and money. Scott and Bethany enjoy an active lifestyle living in Colorado with their two sons, Cole and Cade. Pre-order their NEW BOOK, The 5 Money Conversations To Have With Your Kids At Every Age and Every Stage

Take the FREE Money Personality Assessment!

Sign up to Raise Money Smart Kids with Scott & Bethany's new FREE video series

Learn more about The Money Couple's video series Raising Money Smart Kids

Location: Colorado Springs, CO
Credentials: Other
Other Articles/News by Scott and Bethany Palmer The Money Couple:

4 Ways To Teach Your Kids Credit Savvy Money Skills


My son Cade and I were shopping the other day when he asked me to purchase something for him. I told him, "Sorry, bud. We can't afford it." His reply hit me like a brick in the head: "C'mon, Dad, don't worry about having the money today, just put it on a credit card!" Holy sh*t, I thought to myself. I've been a ... Read more

Do Your Kids Have A Bad Case Of The Gimmies? 3 Ways To Cure Them


Forget cold and flu season. This time of year, kids come down with a bad case of the "gimmes." With all the new toys, new technology, and mega sales, wanting more is pretty contagious, but the "gimmes" aren't fatal. You can help your child, and your entire family with these parenting tips that encourage a spirit of thankfulness ... Read more

5 Signs Your Child Might Be An Entitled Brat (Thanks To You)


Once upon a time, parents feared their children wouldn't have enough. Now we fear our kids have way too much. You want to give your child every advantage you never had, but where is the line between investing in their growth and happiness and raising an entitled brat?  The main difference is noted in their attitude. A "spoiled" ... Read more

See More

Latest Expert Videos
Must-see Videos
Most Popular