As it turns out, so-called “financial infidelity” — things like holding secret accounts and taking out credit cards without a partner’s knowledge — is shockingly common. Says Kelley Holland, a financial stress coach, speaker and writer in Montclair, N.J.: "Unfortunately, people often hand off financial management to a partner when they do not feel confident managing money." You might also want to schedule a yearly, thorough financial wellness check-up with a financial professional. If a partner is suddenly unwilling to share account information, changes account passwords without notification or won't answer your financial questions, there may be cause for concern, too. All said, the best way to avoid financial deceit in a relationship is to have honest communications with your partner.
Source: Forbes July 17, 2019 16:30 UTC