• Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
  • Do Not Sell My Personal Information
Friday, June 2, 2023
The Finest Reads
No Result
View All Result
  • Home
  • News
  • Education
  • Finance
  • Lifestyle
  • Nutrition
  • Sports
  • Home
  • News
  • Education
  • Finance
  • Lifestyle
  • Nutrition
  • Sports
No Result
View All Result
The Finest Reads
No Result
View All Result
Home Uncategorized

30% Have Dealt With Financial Infidelity

admin by admin
January 27, 2022
in Uncategorized
0
30% Have Dealt With Financial Infidelity

Nearly a third of couples have experienced financial infidelity in their relationship, according to a new survey from U.S. News & World Report.

About three in 10 respondents in the January 2022 survey say they’ve dealt with financial infidelity either as a victim or as the perpetrator.

Financial infidelity covers a wide range of behaviors, including having secret credit cards or even lying about income. The element they all have in common is that one partner hides or withholds information about a money-related decision. When the victim uncovers the truth, there’s often a feeling of betrayal. In a way, it’s similar to the fallout from romantic infidelity.

Types of Financial Infidelity

 

When asked what kind of financial infidelity happened in their relationship, survey respondents reported the following:

  • Keeping purchases secret: 31.4%.
  • Hiding debts or accounts: 28.7%.
  • Lying about income: 22.6%.
  • Draining money from savings: 10.4%.
  • Lending money without consent: 6.9%.

As you can see, there are a variety of ways to keep money secrets. In the survey, 8.5% found out about the wayward deed via a confession. Usually, the victim finds out about the infidelity in other ways.

Signs of Financial Infidelity

 

When asked how they discovered their mates were engaging in financial deceit, respondents saw the following signs:

  • 23.7% say they saw a large purchase.
  • 20.9% noticed account balances were off.
  • 19.9% discovered a statement or collection for an unfamiliar account.
  • 18.7% say they found unexpected packages.
  • 8.2% observed secrecy with electronic devices.

Reasons for Committing Financial Infidelity

 

Now, let’s turn the tables and look at the motives of the perpetrator. The survey asked those who engaged in financial infidelity why they felt the need to do so.

Here are the findings:

  • To avoid an argument: 38%.
  • Embarrassment about mishandling money: 23.1%.
  • To feel more in control financially: 16.1%.
  • To help someone else: 15.8%.
  • To avoid sharing bad news: 7%.

Once the financial infidelity is discovered, it can result in a broken relationship if the couple doesn’t address the situation…ReadMore…

admin

admin

Related Posts

Uncategorized

Hertford and Northampton counties aim to eliminate early childhood suspensions

Uncategorized

How Writing ‘Letters to Strangers’ Helps Students Who Need Mental Health Support

Uncategorized

EdExplainer | The state of licensed child care in Haywood and Buncombe counties

Uncategorized

What does it take to end a life sentence? For these formerly incarcerated actors, it’s theater

Uncategorized

Putting the Heat on Campus Leaders About the Cold

Uncategorized

Key Leadership Skills for Our Rapidly Changing World

Load More
Next Post
Smart devices will let us control gadgets with our minds

Smart devices will let us control gadgets with our minds

By Categories

  • Education
  • Finance
  • Lifestyle
  • News
  • Nutrition
  • Sports
  • Uncategorized
Email : jamesbobby@thefinestreads.com
Address : 364 E Main St Middletown, DE 19709 (box 857)

Subscribe Us ==>

By clicking submit, I authorize: (1) The Finest Reads to use and share my information in accordance with its Terms of Service and Privacy Policy, and (2) The Finest Reads or third-party companies, including The Finest Read’s business partners, to contact me by email with offers for goods and services at the email address provided. Please note that the information you have provided to us may be supplemented with additional information obtained from other sources.
  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
  • Do Not Sell My Personal Information

© 2023 The Finest Reads | All rights reserved.

No Result
View All Result
  • Home
  • News
  • Education
  • Finance
  • Lifestyle
  • Nutrition
  • Sports

© 2023 The Finest Reads | All rights reserved.