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.[1] Adding to the monetary strain commonly associated with financial infidelity in a relationship is a subsequent loss of intimacy and trust in the relationship. Financial infidelity appears to be on the rise, with a 2005 study showing that 30% of respondents had lied about financial information and 25% had withheld information,[2] whereas a 2008 study showed that half the respondents had committed some form of financial infidelity.[3]

[edit] References

  1. ^ Martin Hickman (2006-12-11). Financial Infidelity: The Things we Buy, the Lies we Tell. The Independent. Retrieved on 2008-03-03.
  2. ^ Liz Pulliam Weston. Financial Infidelity is Rampant. MSN Money. Retrieved on 2008-03-03.
  3. ^ Eileen Ambrose (2008-02-12). 'Financial Infidelity' is Pretty Common. Baltimore Sun. Retrieved on 2008-03-03.
 This economics or finance-related article is a stub. You can help Wikipedia by expanding it.