Oftentimes, couples avoid talking about the two subjects that are crucial to their wellbeing: money and sex.It may come as a surprise to you that as a couples therapist, I actually hear more about instances around financial infidelity than affairs in the traditional sense. While the term financial infidelity may be relatively new, the concept itself is a notoriously common issue in relationships.
What is financial infidelity?
Financial infidelity happens when one or both partners aren’t honest about their financial situation or actively hide their financial issues. This may look like making financial decisions in secrecy or not being fully transparent about how much one is spending. For some couples this can also look like hiding income, not being forthcoming about debts and large financial obligations or keeping another bank account that’s unknown to their partner.
For some, spending money without their partner’s knowledge feels like freedom and one’s right. There are some partners who don’t see anything wrong with this behavior, and it doesn’t affect the couple negatively. Often however, this comes from a place of partners wanting to avoid arguments about spending. This is especially true in the case of someone who is compulsively shopping, gambling, or otherwise spending money in a way that feels out of control.
How to Recover from financial infidelity
These behavior patterns can be upsetting to face, so what are some steps that you can take if this sounds like you or your partner? First of all, recognize that it’s quite common that someone who is more frugal attracts someone who is a spender, and vice versa. It’s human nature to seek out what initially feels novel and fills the voids we see in ourselves.
