Financial infidelity

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Financial infidelity is the secretive act of spending money, possessing credit and credit cards, holding secret accounts or stashes of money, borrowing money, or otherwise incurring debt unknown or unwilling to one's spouse, partner, or significant other. Financial infidelity in a relationship may also include any financial decision(s) made by a partner that may effect, burden, strain or set back the financial planning of the relationship.[1] Adding to the monetary strain commonly associated with financial infidelity in a relationship is a subsequent loss of intimacy and trust in the relationship. Financial infidelity appears to 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. Retrieved 2008-03-03.
  3. ^ Eileen Ambrose (2008-02-12). "'Financial Infidelity' is Pretty Common". Baltimore Sun. Retrieved 2008-03-03.