Financial infidelity

From Wikipedia, the free encyclopedia

Financial Infidelity is a term used to describe the secretive act of spending money, possessing credit and credit cards, holding secret accounts or stashes of money, borrowing money, or otherwise incurring debt unknown to one's spouse, partner, or significant other.

Typically, secretive financial behaviors qualify as financial infidelity when there is some prior spoken or unspoken agreement between a couple about how the household and other accounts are to be handled -- and this financial activity or reality is surreptitiously kept from the other partner. Research has shown that problematic finances are one of the main reasons for conflict in marriages and a leading cause of the failure of relationships. Adding to the monetary strain commonly associated with financial infidelity in a relationship is a subsequent loss of intimacy and trust in the relationship.

[edit] References

• Zaslow, Jeffrey. "Financial Infidelity: When It's OK To Shop Behind Your Spouse's Back", Wall Street Journal, 31 March, 2006. Retrieved on January 21, 2007. (in English)
• Hickman, Martin. "Financial infidelity: The things we buy, the lies we tell", Independent, 11 December, 2006. Retrieved on January 21, 2007. (in English)