Financial Cheating

United States
December 9, 2018 6:27pm CST
I recently saw that there's such a think called financial cheating. I don't know if you have come across this or have heard it from your friend or co-worker. Financial cheating is done by either the husband or wife, covering up their spendings. What can you say about this ? Could this be a ground for not trusting your better half ? Could this also be a ground for a divorce ? Here's what I found through google and this is a wikepdiea definition of financial infidelity " Financial infidelity is the secretive act of spending money, possessing credit and credit cards, holding secret accounts or stashes of money, borrowing money, or otherwise incurring debt unknown or unwilling to one's spouse, partner, or significant other.
6 people like this
6 responses
@NJChicaa (120127)
• United States
10 Dec 18
That certainly would be grounds for divorce. My husband does all of the bills so he knows that I'm not hiding anything. He, on the other hand, could be stashing money away in an offshore account and I'd never know.
2 people like this
@lady1993 (27224)
• Philippines
10 Dec 18
that is really sad though. Since when you decide to get married- there should be no secrets, especially with money and budgeting concerns
1 person likes this
@lady1993 (27224)
• Philippines
11 Dec 18
@proseprity68 In my country, divorce is not an option though. And since we are mostly Catholics, we believe that what God has made one should not be separated by any law - so really, people should work out their issues with their spouse unless violence in involved.
1 person likes this
• United States
10 Dec 18
Things just show up after being with the person continuously. We all know that during the courtship stages best feet is shown, not just the best foot. The bad, the ugly and stinky just gets out of the closet, not just the skeletons by the way and it's just too late to get out of that supposed to be relationship. But then again, that's why there's such a thing as the word, divorce, after all the hurts and pains and giving chances, being miserable has to stop.
1 person likes this
@marguicha (223785)
• Chile
10 Dec 18
If the spouse hides some money from the other to have it for him/her, I would say it is a bad as if the CEO of a financial group was embezzling money.
@DWDavis (25805)
• United States
10 Dec 18
My wife keeps track of our spending and I give her the receipts for everything I spend unless it's small cash things like a fast food meal. I know couples who keep their finances completely separate and only use a joint account to pay household bills and the mortgage. His car is in his name and he makes the payments and pays the insurance. She, likewise. All other expenses are similarly treated. In this way, I suppose neither can say much about how the other spends their money.
1 person likes this
• United States
10 Dec 18
My name is included in a bank account where he even made me sign it (is that a good or bad thing?). Never did he tell me that I can withdraw from that account whenever I am a little bit short with cash. I feel like he included my name for formality but not reality. Your wife is luck that you are transparent. By the way, my husband bought a fitbit and the only way I learned about that was when after almost a month has has been asking me if there was a package for him and my simple and honest answer was, there was none. Later on, a neighbor came by and handed us a small box and he said, I believe this is yours guys. My husband saw it and of course he thank our neighbor. That was when he told me that he bought fitbit watch. I know that is his hard earned money, but I wish he could be a little bit more transparent, perhaps that would make me feel that I am truly his wife. I don't know if i'm making sense here.
1 person likes this
@Courage7 (19633)
• United States
10 Dec 18
Yes if someone is ripping the other person off then I believe it is grounds for leaving. If they are spending their own money however, I do not see it is any of the other persons business. If they earn it and want to spend it so be it. This is why many argue is finances.
1 person likes this
• United States
10 Dec 18
It's just probabaly a matter of transparency on the person spending the hard earned money. Yes, I do agree with what you said, the other person doesn't have any business but the other person also ahs the right to know where the money is going to.
1 person likes this
@Nevena83 (65277)
• Serbia
11 Dec 18
Yes, I heard that many do it in marriage.
1 person likes this