What is financial infidelity?

What is financial infidelity?

Financial infidelity occurs when one member of the couple hides information from the other of your transactions and expenses, especially when these are of a larger amount.

According to a 2007 survey by online payment company PayPal, 82 percent of respondents said who lied to their spouses about purchases and expenses. Most of those surveyed said their wife was using the money to control their relationship.

According to a 2005 survey by the Harris Interactive organization, in the United States, of almost 1,800 people, about one in three adults had lied to their partner about how much money were spent on themselves or their children. About one in four adults considered this type of infidelity worse than sexual infidelity.

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The problem, according to American divorce experts, is that such behavior can lead to big lies, big debts and the possibility of emotional deception.

A study published in Chile by the University of Talca, in May 2010, revealed that one in four Chileans save money without their partner knowing. The amounts saved secretly range from $200,000 to more than $3,000,000. Depending on income. Globally, the trend is repeating itself: a survey in England showed that 61% of Britons hoarded money secretly and in ato research conducted in the United States, more than a third admitted that only they knew how much money they had in the bank.

According to the survey, andl 45.4% of women save money without their partner knowing, something that only 29.7% of men do. The same trend is recorded in England: 69% of them kept secret savings, compared to 53% of men, according to a survey carried out in 2003.

Joint activities such as proactive financial planning, budgeting, discussion, guidance and awareness of the members of the couple about their attitude towards money, can help in the rationalization of expenses and financial consolidation if the members are open to honest discussion and compromise.

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