Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

A New Way to Cheat on Your Spouse: Lie About Money

One in three admit to fibbing about financial matters

By John Johnson,  Newser Staff

Posted Jan 13, 2011 7:26 PM CST

(Newser) – Infidelity isn't always the stuff of illicit affairs. A new survey shows that 31% of Americans who combine their finances with a spouse have lied about money to said spouse. "Financial infidelity may be the new normal," writes Jenna Goudreau at her Forbes blog. The most common misdeeds were hiding cash (58%), hiding minor purchases (54%), and hiding a bill (30%). But a decent number admitted to hiding major purchases (16%), keeping a secret bank account (15%), and lying about debt or earnings (11%).

“Betrayal regarding money can be just as painful and damaging as other kinds of cheating," says a psychotherapist. It, too, can lead to "total loss of trust, feelings of betrayal and destruction of the relationship." For those feeling a little suspicious, Forbes has a list of 10 red flags (defensiveness, insistence on handling bills alone, etc.) to look for.

Dishonesty about money is a common problem for couples, says a new survey.
Dishonesty about money is a common problem for couples, says a new survey.   (Shutterstock)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
25%
14%
37%
6%
6%
13%
To report an error on this story, notify our editors.
COMMENTS
Showing 3 of 6 comments
garsisgolfing
Jan 14, 2011 6:58 PM CST
To a minor extent men and women have been doing this for as long as I can recall; and its NEVER had the relationship stigma that's inferred in the article. That's not to say its good; its just NOT as destructive as the article implies unless one or both people have deeper emotional and or marital issues.
paul123
Jan 14, 2011 6:54 AM CST
There is nothing "new" about this. Trust me.
carson
Jan 13, 2011 9:53 PM CST
there really isnt anything new about lying over money is there?
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne