What is financial infidelity in a marriage?

What is financial infidelity in a marriage?

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.

Can a marriage survive financial infidelity?

Recovering from financial infidelity takes a lot of work from both partners. However, if you’re truly committed to each other, it is possible to get through it. Here’s what experts recommend to help couples rebuild trust and perhaps even come out stronger than before.

How do you apologize for financial infidelity?

Here’s how:Admit your financial infidelity to yourself. Take a good look at what you’ve been doing and why you’ve been doing it. Be prepared for anger. Your partner is going to be angry. Get it over with. Listen to your partner. Focus on the future.

Why do husbands lie about money?

Even though one in three Americans admits to lying about money to their spouse,1 the issue is too important to avoid. Small lies about finances can lead to even more damaging behaviors in your marriage. Kendrick says the chief reasons people lie about money to their partners are pragmatism, control, guilt, and fear.

What lies do to a marriage?

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.