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This content includes information from experts in their field and is fact-checked to ensure accuracy.We are committed to bringing you researched, expert-driven content to help you make more informed decisions as it pertains to all aspects of your daily life. We constantly strive to provide you with the best information possible.in one area of your partnership, and the rest can quickly come crumbling down.
"When a partner consistently dodges financial discussions or becomes noticeably uncomfortable when the topic arises, there's often more beneath the surface," says, says you should pay attention to how willingly your partner collaborates with you on financial planning or decision-making."Refusal to engage in these discussions may indicate a lack of financial responsibility or honesty.
"Sometimes, overcompensation can mask financial instability. If a partner is suddenly showering you with expensive gifts out of the blue, it might be a smokescreen. I've seen startups throw extravagant launch parties only to fold months later due to a lack of funds," he says.If you notice sudden changes in how your partner's financial data is delivered, this can also signal that they're lying about their finances..
You can often spot this red flag by a distinct lack of documentation to back up their vague claims."A reluctance to share personal financial documents or consistently forgetting to bring them to discussions can be concerning," Donovan adds.If your partner insists that their finances are in the black but they routinely miss payments on bills or have credit cards that frequently get declined without a reasonable explanation, this is another red flag.
"Unfamiliar or large transactions on accounts—especially frequent cash withdrawals—can be alarming. I've seen partners divert funds or incur substantial debts without their significant other's knowledge," says Akin."If you notice expenditures or withdrawals that don't correlate with your shared financial goals or regular spending, it's a definite cause for concern.
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