Couple relationships have a strong phase from time to time. The good news is that occasional bickering should not be disturbing. Effectively, it's best to sometimes lie to your partner, believe it or not! But financial infidelity can be the worst lie that can seriously "undermine" your relationship, so you should avoid it at all costs.
What is financial infidelity?
"Financial mistrust or lying to another significant other about finances and money can poison a relationship," says Cary Carbonaro, managing director of United Capital. You should never tell these lies in a relationship. "Money is a coveted test of your relationship. If you have money issues, you will have relationship issues," she continues. This is especially true when you hide a debt or when you have a secret bank account.
Moreover, a recent study by creditcards.com found that 12 million people have a secret bank account or credit card, which they keep hidden from their partner. And financial infidelity has a negative impact on a relationship in 75% of cases, the Harris poll reported.
That being said, this lie can be overcome. And, in fact, money is a topic that even happy couples struggle with. If couples counseling sessions are over, financial counseling sessions can help you seriously.
You can also create a financial plan that benefits both you and your family. Take these steps to set money goals with your partner and you will live in peace and harmony with your relationship!