What is financial infidelity in a marriage?
What is financial infidelity in a marriage?
Financial infidelity is the act of spending money, possessing credit and credit cards, holding secret accounts or stashes of money, borrowing money, or otherwise incurring debt without the knowledge of one’s spouse, partner, or significant other.
Is it bad to hide money from your spouse?
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.
How do you fix a marriage after financial infidelity?
5 things you can do to begin rebuilding trust are:Be transparent when it comes to money.Work together to create a financial recovery plan.Be willing to make some compromises.Back up your words with your actions.Give it some time.
Is a husband responsible for his wife?
Similarly, a spouse could be held liable for the other spouse’s debts and contracts regardless of her or his consent or knowledge of the purchases. All states today require husbands to provide necessities for their wives and children, and in many states wives face similar requirements.
