According to a recent survey of American couples, one-third of spouses lie to their partners about money matters and one third have been lied to by their spouses.
Among the money matters about which spouses lie are:
- hiding money (58%)
- concealing minor purchases (54%)
- keeping bills secret (30%)
- hiding major purchases (16%)
- maintaining bank accounts on the side (15%)
- hiding debt (11%) and
- concealing income (11%)
When found out, the consequences range from:
- separation (11%)
- divorce (16%)
- loss of trust (42%) and
- arguments (67%)
Much the same as when one spouse discovers the other is having an affair.
Sometimes such revelations lead to divorce.
Other times, the revelations first come to light during a divorce.
Read more in this Forbes piece: Is Your Partner Cheating On You Financially? 31% Admit Money Deception.
