Financial infidelity is the secretive act of spending money, possessing credit and credit cards, holding secret accounts or stashes of money, borrowing money, or otherwise incurring debt unknown to one's spouse, partner, or significant other. Adding to the monetary strain commonly associated with financial infidelity in a relationship is a subsequent loss of intimacy and trust in the relationship. Financial infidelity appears to be on the rise, with a 2005 study showing that 30% of respondents had lied about financial information and 25% had withheld information, whereas a 2008 study showed that half the respondents had committed some form of financial infidelity.
Famous quotes containing the words infidelity and/or financial:
“I know a love may be revived which absence, inconstancy, or even infidelity has extinguished, but there is no returning from a dégoût given by satiety.”
—Mary Wortley, Lady Montagu (16891762)
“Just as men must give up economic control when their wives share the responsibility for the familys financial well-being, women must give up exclusive parental control when their husbands assume more responsibility for child care.”
—Augustus Y. Napier (20th century)