A new survey reveals that 40% of U.S. adults in committed relationships admit to keeping financial secrets from their partners. The most common form of financial infidelity is secretly spending more money than agreed upon, followed by hidden debts and separate accounts. Younger generations, like Gen Z, are more likely to engage in financial infidelity, with nearly 90% having 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.
FINANCIAL INFIDELITY RELATIONSHIPS MONEY MANAGEMENT GENERATIONS SECRECY
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