Boomers Most Guilt of Financial Infidelity


Financial Infidelity is generally defined as lying to a spouse or significant other about money. It’s more common than you may think.

A 2017 study finds 71% of those asked admitted they’ve done it at least once.

Creditcards.com did another survey and found among those who conceal owning a credit card from their significant other, boomers are four times as likely to be guilty as millennials.

Rachel Cruze is a financial analyst, and daughter of nationally-acclaimed radio financial host Dave Ramsey, and posts videos on You Tube with advice. She says it’s easy to make excuses. Imitating a client, she says, “’Well he spent this money, do I just deserve to go spend this and not tell him.’ The best way to avoid financial infidelity is to be on the same page with your spouse," she counsels.


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