Financial Cheating

Through my experience with my previous clients, financial cheating occurs when either the man and or woman doesn’t express where they spend their money.  In our office the financial cheating occurred more among woman, hiding where they spend their money. They felt that they worked hard for their money and they had the right to spend a little of it on themselves. It wasn’t the monetary amount that mattered it was the fact they had the right to spend this money.

 Financial cheating hurts everyone in the household.

Warning signs that your spouse may be a financial cheater.

Many financial cheaters open credit cards that their spouse weren’t aware of.  This behavior creates more debt for the household and in many cases it may be the factor that breaks the camel’s back.

• Your best investment is reducing your debt.
• Pay cash for any wants that you feel you can afford.

Many financial cheaters hide their purchases from their spouse to avoid a confrontation or open a financial discussion.

•  Many instances they’ll insinuate it was something they already had.
• Try to avoid buying spontaneously. Leave it at the store and if you still need by next week then go buy it Most of the time you’re not going back.

Financial cheating is filling a void in the relationship.

• I’ve found when were budgeting my clients there was an underlying relationship problem. My experience with the woman were looking for a form attention, filling it with a purchase.

Financial cheating can devastate a family. The culprit is breaking the trust and taking advantage of the love. In many cases I’ve referred my clients to relationship counselors to rebuild the trust.