Financial secrets could mean the end of your relationship.
The Motley FoolMost people have a few secrets from their significant other. Some are benign like the chocolate stash you have hidden for"emergencies," or that you secretly loveOther secrets can do real damage to a relationship. Financial secrets fall into that category, though there are different degrees of severity. It's one thing to understate how much that new leather coat cost or gloss over exactly how much you spent on dinner.
Men felt that a purchase of $261 or more requires letting your partner know, while women thought the number should be $227. Men believe that any purchase hitting $498 or more should require joint approval, while women set the bar a little lower at $427. Some couples also take the approach of not co-mingling all of their finances. Each partner might put a certain percentage of income into an account for joint expenses and have total freedom over the rest of their money.What should you do?
Be open and lay all your cards on the table. Make compromises and make sure each partner gets a say, even if one produces more of the income.
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