A recent survey takes a closer look and illustrates the severity of financial infidelity and it's impact on relationships.
As a dating strategist, I see it time and time again. Money is often the number one reason that couples argue, so here are some tips to keep your relationship strong (even if your bank account is not).
When most people think of being unfaithful to their partner, they think it means having an affair. However, there are several ways you can be unfaithful to partner: emotionally, physically and financially. The financial aspect is often overlooked as a problem because the one who is withholding the information thinks they are protecting their partner.
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.
Shelley was putting away her husband's laundry when she discovered a stash of bills for a credit card she didn't recognize. It's a story that plays out over and over with couples we talk to. Everything seems to be fine and then Bam! One of them discovers the other has been keeping money secrets.
Nearly every relationship harbors some level of financial infidelity. It might be as minor as not telling your partner what you really spent on a gift, or as major as keeping a secret bank account to pay for your gambling addiction. Either way, the path to a healthy money relationship will never be smooth unless you are honest about your behavior and committed to changing your ways.
Many people ask, "should I tell my spouse about my past financial infidelity?" My answer is to get it off your chest, feel free of the past and then move on.Nearly every relationship harbors some level of Financial Infidelity. It doesn't matter what money personality is. It might be as minor as not telling your partner what you really spent on her birthday gift or as major as keeping a secret bank account to pay for your gambling addiction. (Find out where you stand with the Financial Relationship Index) Either way, the path to a healthy money relationship will never be smooth unless you are honest about your behavior and committed to changing your ways.
Every relationship has some amount of financial infidelity. It might be as minor as not telling your spouse what you really spent on her birthday gift, or as major as keeping a secret bank account or credit card. The bottom line: no matter how big or how small the financial infidelity is, it is a relationship killer.
Women want to feel empowered with money, but it may not be a concern for them until they are facing a breakup or divorce. The best way for women to recover from a breakup, is to get comfortable and powerful with money fast. Women Who Attract (or have left!) Mr. Wrong, need different money advice and education than women who don't have, or have never had, man or money drama, and they need a different kind of information than men.
Couples argue about the budget for one reason and one reason only: the budget doesn’t work. You already know your budget doesn’t work. What you don’t know is why. Challenge: Why your budget doesn’t work Most couples leave little to no wiggle room in the budget for unexpected expenses. Can you think of a single week of your life where everything went as planned? No. So why would you create a budget that is unable to accommodate real life?
Worried your spouse is keeping something from you? Well, the National Foundation for Credit Counseling's new online poll says they are: But it's not what you think.
Poll: Is It OK To Lie To Your Partner About Money?: Yes. Sometimes it's necessary. No, it's never OK!
Per a study conducted by Harris Interactive, 31% of couples (over 2,000 were polled) have committed financial perfidy. The findings were very interesting and two items in particular stuck out: 1) The most common shadiness was that 58% of people admit to hiding cash; and 2) 15% of respondents have hidden a banking account. It was also revealed that men and women were just as likely to hide money.
We all fear discovering an unfamiliar perfume lingering on our man's collar or a smudge of lipstick that isn't our shade, but sometimes his cheating isn't with another woman … it's with his wallet. Maybe you found a statement for a credit card you never knew existed, or suspect he's been blowing the cash you thought he was saving for retirement. When your faith in your partner's honesty and financial fidelity is shaken, how do you keep it from tearing your relationship apart? Manisha Thakor offers the following advice for coping after he's been fiscally unfaithful.
Being the child of a divorced family, I got to see first hand how lawyer bills stack up and how a woman's scorn can lead to a man sleeping in a car without money, food, or change of clothes. With this memory in mind I prepared myself for the unfortunate event that my wife and I would split. Little did I know that my earnest preparation would become fuel for the flame of an almost divorce. It all came out during tax season.