“43% of adults say they have financially cheated on their partner”
November 18, 2021
“Have you always been financially faithful in your relationships? If the answer is no, you’re not alone. Some 43% of adults with combined finances in a relationship said they’ve committed an act of financial deception, according to a poll from the National Endowment for Financial Education. Financial deception ranges from lying to your partner or spouse about money to hiding things such as cash, bills or a purchase, according to the report. The survey of more than 2,000 adults was conducted online by The Harris Poll in June…
The survey found that most deceptions happen for a few main reasons. Thirty-eight percent felt that some aspects of money should remain private, 34% had discussed finances but thought their partner would disapprove and another 33% were too afraid or embarrassed about their finances to speak about it. Of the couples who had experienced financial deception, 42% said that it resulted in a fight. Others said that the event eroded trust and privacy, led to separation of finances or triggered the termination of the relationship altogether.
To be sure, some respondents were able to use a financial infidelity to make their relationship stronger — 19% said they were closer after, and 16% said the deception helped them communicate more proactively later…”
Relationships or marriage? If a person is not married there is no sharing or combining finances or accounts. That information should remain private.