Financial infidelity is when couples with combined finances lie to each other about money. Examples of financial infidelity can include hiding existing debts, excessive expenditures without notifying the other partner, and lying about the use of money.
Financial infidelity is viewed as a “premeditated crime” because hiding or lying about money takes active and deliberate planning. And many people view it as worse than cheating, physically, on a partner. In the case of abuse, this is a completely justifiable “crime.”
Reasons for Financial Infidelity. People keep financial secrets from their partners for a variety of reasons. Most often, they're simply trying to avoid getting into a fight over money. Sometimes, however, concealing money matters can be a symptom of a deeper problem in the relationship, such as fear or lack of trust.
According to the study, financial infidelity is common and both men and women are equally guilty of it. “Financial infidelity has the potential to be as harmful to relationship health and longevity as sexual infidelity, as conflicts over money are also a primary reason for divorce,” the study said.
What does the Bible say about financial infidelity? As husband and wife become “one flesh” this means a union of their entire being—physically, emotionally, spiritually, and, yes, even financially. In 1 Corinthians 7:4 God commands, “The wife's body does not belong to her alone but also to her husband.
Whatever the reason, hiding assets, income and debt is not only unethical; it's also illegal and subject to severe penalties IF discovered. But even so, the burden of proof is often on the spouse with less financial resources (typically the woman) to prove any such unscrupulous behavior.
In most situations, hiding money from your partner or spouse is a bad idea and can perpetuate relationship problems. But there are tough situations that can warrant some secrecy, such as abuse and the end of a relationship. In those circumstances, be cautious and protect yourself first.
Practical strategies for dealing with financial infidelity
Financial Infidelity: 4 Steps for Healing Marriages Torn by...
Here are 5 ways to fix your relationship after financial infidelity has broken your trust:
The Truth about Financial Infidelity
“Infidelity” might seem like a strong word here, but really, that's what it is: Keeping financial secrets is an abuse of the trust that a relationship is built on. It's fairly common for spouses to do this on a small scale, like hiding an impulsive purchase or lying about how much something costs.
He May Want To Break Up
He is probably lying to you because he doesn't see a future with you as his partner and he hasn't got the energy to tell you the truth that may upset you or cause you pain. His hiding the truth can also be a sign that he has lost respect for you and that is why he is thinking about breaking up.
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