Is Your Spouse Financially Unfaithful?

One in twenty Americans admit to owning a checking, savings, or credit card account that they don’t disclose to their partner or spouse, according to a new online survey. (, source) This indicates that more than 13 million people deceive their partners.

How financial infidelity starts

Similar to conventional adultery, the majority of financial infidelity begin modestly. The cheater will not tell their spouse about their daily stop at Starbucks on their way into work, instead of making flirtatious gestures toward the other sex. Although it doesn’t seem like much, they spend over $1,200 that their partner is unaware of before a year has passed.

Alternatively, it could be the sporadic internet purchase that slipped through your budget. They utilize a hidden credit card since they don’t want you to know about it. Years may pass, yet eventually the outstanding amount rises to a considerable amount.

Usually, the sins worsen over time. The betrayed spouse frequently learns that their partner has a whole financial existence that they were unaware of.

How to spot financial infidelity

How can you determine whether your partner is cheating on you financially? It’s actually not that difficult to identify. even with tinted “I’m in love” glasses on.

Unexpected or inexplicable bills, statements, or parcels are a dead giveaway. Partners in a happy marriage are aware of one another’s financial choices. They don’t withhold crucial facts or secrets from one another.

Is your partner preventing you from accessing any or all financial statements? If you never see any statements, it’s difficult to determine if something is amiss. Although it’s acceptable for one partner to handle financial matters alone, they should take some time each month to discuss the state of the partnership’s finances.

It’s time to ask inquiries if your partner’s explanations don’t appear to make sense. Responses to questions concerning the disappearance of funds or the sources of funds used to purchase non-budget items ought to be clear. If their tone suggests that they are trying to conceal anything, that is very likely the case.

How to avoid financial infidelity

Having both couples involved in the financial matters is the strongest defense against financial infidelity. While a budget may not be necessary to prevent overspending, it is a great tool for both spouses to communicate about money.

Astute couples begin their talks prior to getting hitched. So, any discrepancies in their approaches to handling money can be worked out before they become problematic. It is typical for both parties to have strong opinions on money. These ideologies may conflict or even lead someone to hide their financial situation in order to avoid conflict.

Allow each other to make decisions on their own, without seeking input. Many couples discover that giving each partner a little monthly allowance to spend however they like works well. Cash that they can save up for a costly purchase or use for a little, frequent treat. Each of them is allowed to spend the money anyway they like without fear of repercussions from their partner.

Make a sound financial strategy. Financial difficulties are usually the first or second most common cause of divorce. When there’s room for error in terms of finances, telling the truth is simpler.

How to fix financial infidelity

Your marriage does not necessarily have to terminate because your partner has been financially unfaithful. To survive, though, like with any infidelity, will require patience, therapy, and a behavioral shift.

1. Commence with a conversation

Start off by having a thoughtful conversation about money. To assist keep things under control, you might wish to bring in a third party. Pay attention to the areas where your core views about money diverge and consider how you may make accommodations for them.

2. Recognize the cause of this incident

Make sure you know why there was financial adultery. To stop a recurrence, you must address the source, whatever it may have been.

3. Examine often

Commit to regular, frequent open book financial sessions. Together, go over the statements from your credit card accounts, retirement accounts, savings accounts, and brokerage. Talk about any strange objects.

4. Make it simpler

Make your financial situation simpler. in particular, canceling unused credit card accounts.

5. Foster new financial confidence

As a couple, make every effort to regain mutual trust and honesty in your financial dealings.