Financial Infidelity

Dictionary Says

Definition of 'Financial Infidelity'

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. Another common example is when one partner makes large discretionary expenditures without discussing the matter with their partner.
Investopedia Says

Investopedia explains 'Financial Infidelity'

Money can be a big point of contention among couples, so it is important for each partner to be open about his or her financial situation, expenditures and attitudes toward money. A good idea is to go over both partners' financial pictures before combining finances. Also, setting up a mutually agreeable system for handling expenditures can help avoid many fights down the line. For instance, many couples set up an allowance system, which allows each partner to spend a set amount each month without have to consult the other. This allows for partners to maintain part of their financial independence while still working toward mutual financial goals.

Search results for

'Financial Infidelity'

  • Financial Infidelity: Are YOU A Cheater?

    http://www.investopedia.com/articles/pf/09/financial-infidelity.asp
    Financial Infidelity: Are YOU A Cheater? May 05 ... their spending. Are you
    guilty of financial infidelity? Take our quiz to find out. ...
  • Marital Union; Financial Separation

    http://www.investopedia.com/articles/pf/10/marital-union-financial-separation.asp
    ... (For more, read Financial Infidelity: Are YOU A Cheater?) Other more practical
    issues may also play a role in determining account division. ...
  • 6 Money Myths You Learned From The Movies - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1110/6-Money-Myths-You-Learned-From-The-Movies.aspx
    ... will she choose the love for her husband over the pay for infidelity? ... The Bottom
    Line How did your financial knowledge stack up against Hollywood movie myths? ...

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