1 In 5 Hiding Financial Account From Partner

MoneyTips

You don’t have any financial issues to hide from your partner … do you? According to a new survey from CreditCards.com, almost 1 in 5 of us does.

The survey found that 19% of Americans have at least one financial account that they hide from their spouse or live-in partner – either banking or credit card accounts. That translates to around 29 million Americans who aren’t fully open with their loved one about finances.

The true number of cheaters is likely higher. Why expect 100% of people who would lie to their partner to be completely truthful with a survey that asks about cheating habits, confidential or not?

Cheaters may rationalize their behavior by saying that their cheating is only financial, not physical in nature. That doesn’t fly with most Americans. Approximately 35% of respondents believe that financial cheating is just as bad as physical cheating…

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