Financial Infidelity: 5 Steps To Coming Clean

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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

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