Financial infidelity

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Financial infidelity is the act of spending money, possessing credit and credit cards, holding secret accounts or stashes of money, borrowing money, or otherwise incurring debt without the knowledge of one's spouse, partner, or significant other. Financial infidelity in a relationship may include any financial decision(s) made by a partner that may effect, burden, strain or set back the financial planning of the relationship.[1]

In addition, financial infidelity results in a loss of intimacy and trust withinin the relationship.

Financial infidelity may be on the rise, with a 2005 study showing that 30% of respondents had lied about financial information and 25% had withheld information,[2] whereas a 2008 study showed that half the respondents had committed some form of financial infidelity.[3]

References[edit]

  1. ^ Martin Hickman (2006-12-11). "Financial Infidelity: The Things we Buy, the Lies we Tell". The Independent. Retrieved 2008-03-03.
  2. ^ Liz Pulliam Weston. "Financial Infidelity is Rampant". MSN Money. Archived from the original on 2011-07-14. Retrieved 2008-03-03.
  3. ^ Eileen Ambrose (2008-02-12). "'Financial Infidelity' is Pretty Common". Baltimore Sun. Archived from the original on 2013-01-17. Retrieved 2008-03-03.