Financial Infidelity: 40% of Americans Hiding Money from Partners

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Financial Infidelity: 40% of Americans Hiding Money from Partners
Financial InfidelityCouplesMoney Secrets
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A new survey reveals that 40% of Americans in committed relationships admit to keeping financial secrets from their significant others. Secret spending, hidden debts, and separate accounts are common forms of financial infidelity. The survey also highlights generational differences, with Gen Z being more likely to engage in financial infidelity and maintain separate accounts.

Some would say it’s practical and others may say it’s lying. Where do you stand? A new survey revealed that out of 2,000 U.S. adults who are in committed relationships, 2 in 5 admitted to keeping financial secrets from their significant other, according to Bankrate.

Secret debts or past debts were also popular, followed by having secret credit cards and banking accounts, according to Bankrate. More than 3 in 5 Americans in committed relationships keep at least some of their money separate from one another. Fewer than 2 in 5 have exclusively joint accounts. "My husband and I use the ‘yours, mine and ours’ method and have for 16 years," says Brooklyn Lowery, Bankrate senior editor.

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