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.”
Financial infidelity occurs when couples with combined finances lie to each other about money. For example, one partner may hide significant debts in a separate account while the other partner is unaware.
Here are 5 ways to fix your relationship after financial infidelity has broken your trust:
7 tips to help you deal with your partner's lies and betrayal
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.
Here are eight ways to protect your assets during the difficult experience of going through a divorce:
The consequences of hiding money from your spouse or partner
Others hide money because they're embarrassed over the way they handle it. But when partners have financial secrets, it's a sign of deeper relationship concerns. It's never just about the money; money can represent feelings of shame, fear, mistrust, and more.
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.
Lying destroys trust.
If there is no trust, an individual may not listen to or take heed to anything the other person says. When a partner lies, the spouse being lied to might feel devastated and distant. They also may start to question everything the deceiver says.
"Infidelity can hit the pocketbook and wallet, too, when one spouse spends, borrows, withholds or hides money without telling his or her partner," Newman writes. "Such financial infidelity can damage a marriage just as much as the sexual type, if not more so."
Financial infidelity is among the more common causes of modern divorce. If you discover that your spouse has lied to you or hidden financial details, knowing that should absolutely inform how you approach your pending divorce.
5 Warning Signs Your Partner Is Guilty Of Financial Infidelity
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