Financial Infidelity: 7 Hints He's Lying About Money

By ,

Financial Infidelity: 7 Hints He's Lying About Money [EXPERT]
Just because he's not sleeping with someone else doesn't mean he isn't cheating.

When it comes to financial matters, is your husband being totally upfront with you? Financial infidelity can be just as devastating to a relationship as emotional or sexual infidelity. Don't let your relationship fall victim to this deadly threat. Here are some signs that suggest that — when it comes to his spending and saving habits — he may be hiding something from you.

1. He keeps his finances separate from yours. If he insists you must have separate credit cards and bank accounts, it's time to start asking questions. A lack of transparency is almost always a sign that someone has something to hide. Our advice: Show him your checkbook, your credit card statements and any other financial info first, then ask him to do the same. If you're willing to put your stuff out there, he should be, too. —Bethany and Scott Palmer

 

2. He's too controlling. When one person in the relationship manages all of the financial details, it means there's a lack of trust. And that's where infidelity starts. Our advice: Tell him you want to take a more active role in dealing with your finances, and that you want to start making money decisions together. Even if you're not great at managing money, you need to have an equal say in where it comes from and where it goes. —Bethany and Scott Palmer

3. He's hiding bills. If he's always the one to get the mail or has all the financial info sent to his email account, he could be committing financial infidelity. Our advice: If you haven't seen a bill or statement for a while, ask about them. If there's nothing to hide, he'll show them to you. If he doesn't want you to see them, call the bank or company yourself and ask for your own copy of the bill or the statement. Then talk about what you discover. —Bethany and Scott Palmer

4. He is unwilling to have finances held jointly. Certainly, this choice can come from other sources. However, if it is not about hiding or sneaking, then your partner should be willing to discuss his reasons for wanting separation of finances and his overall financial picture. Try to work toward at least some shared finances in the future. —Tracy Deagan

5. He is unwilling to do joint financial planning. Again, he could have other reasons for his reluctance, but if he is unwilling to plan for your financial future together, that is a big red flag. Generally, folks that have nothing to hide are willing to plan jointly, especially if they are married, have children, or have financial responsibilities together. —Tracy Deagan

More advice on cheating from YourTango:

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

By

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

By

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)

By

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
ASK YOURTANGO MORE QUESTIONS
Must-see Videos
SEE MORE VIDEOS
Most Popular