An influx of new items entering your home is a valid cause for concern. If your bank balances are consistently declining, ask yourself, “Where did the money go?” Can you account for the cash that’s missing? 2 – New Gadgets and Giftsĭoes your partner seem to have a lot of new clothes you’ve never seen before? Did your husband bring home a slew of expensive gadgets? Is your wife suddenly visiting spas or spending a lot of money on pricey lunches?Īre these newfound expenses showing up on your credit card bills? If not, how is your partner paying for them? Has she opened secret credit cards without talking to you about it?Įxpensive toys and luxurious adventures may be the first clue to financial infidelity. Look for an increased number of ATM withdrawals, especially those with large dollar values. If your spouse uses cash, you won’t know what they purchased.Ĭomb through your joint bank statements whenever you doubt your spouse’s honesty. 1 – Large Cash WithdrawalsĬash is an easy way to spend money without a paper trail. Signs of Financial Dishonesty in Marriageĭo you think your spouse is keeping secrets from you? Are you concerned that your wife lies about money? What are the warning signs that your husband is lying about money? Here are a few red flags that may point toward financial infidelity.
“If he doesn’t know about it, then I can save the money in peace,” she told me. When review time arrived, she told her husband she didn’t receive a bonus. She wanted to build up her savings, while her spouse wanted to spend the money on an expensive trip.
Years ago, a friend of mine hid a large bonus from her significant other. It may seem like spenders are more prone to lying than savers, but individuals from both groups can hide the truth. She knows shopping sprees are hurting her finances, but she can’t stop herself from driving to the store. She fears her husband will view her as a selfish wife who cares more about herself than the needs of her family. Her family is currently digging out of debt, and new credit card charges are the last thing her husband wants to see. My friend hides purchases because she doesn’t want her husband to judge her. She shops for new clothes multiple times each week and secretly tosses the tags attached to them. I’ve just never worn it before.” Of course, it isn’t true. One of my friends consistently tells her husband, “Oh, this isn’t new. They keep bags in the car and sneak them into the house when their spouse isn’t home. I know wives who regularly hide purchases from their husbands.
Over a third (37%) hid a purchase/bank account/statement/bill/cash from a partner/spouse.Here are a few statistical details from that survey: Have you ever kept financial secrets from your significant other? Have you hidden purchases, lied about the current state of your finances, or acted financially unfaithful? If so, you aren’t alone.Īccording to the 2018 National Endowment for Financial Education survey, 41% of respondents committed financial deception against a loved one. Financial dishonesty (otherwise known as financial infidelity) is the act of falsifying details or omitting financial facts from your spouse or partner.įinancial indiscretions can include spending money, opening secret accounts, borrowing money, signing up for new credit cards, and incurring credit card debt without your spouse’s knowledge.
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