Financial Infidelity continues to be a major contributing factor to why many marriages fail in this country. In fact, it is a well known fact that money problems rank among the top three issues, along with sex and kids that cause the most arguments in a marriage. Financial infidelity, also known as cheating on your spouse with money, is therefore a serious problem.
If you are in a marriage that has been affected by financial infidelity, it is important to act on addressing this problem immediately before it destroys the relationship altogether. Many experts would agree that financial intimacy should be treated similarly to sexual intimacy. The reality is that the effects on one’s relationship are almost identical.
Some Of the Effects of Financial Infidelity Are As Follows:
So how exactly does one save their marriage if financial infidelity has taken place? The good news is that relationships can heal after financial infidelity as long as the proper steps are taken to get the relationship back on track. Couples should take the following action steps if they wish to begin the process of healing their relationship.
If you are the perpetrator, you should:
If you are the victim, you should:
It is not unusual that people who have attempted to conceal their debts from their spouses convince themselves that they can solve the problem on their own, before their partner find out. This is usually far from the truth. In fact, what tends to happen is that the problem gets worse. The reality is that oftentimes the person that is being deceptive has other money problems that they have not dealt with such as an overspending addiction. It is therefore highly recommended that persons that struggle with being completely honest with their partners act on the problem before it escalates. The good news is that there are professionals out there available to help such persons. Many persons seek out the help of financial therapists, money coaches, and financial planners when faced with these challenges.