Saturday, April 1, 2023

Torque: what we know about

According to the BBC, “financial infidelity” is a form of cheating that involves concealing money-related matters and decisions from one’s partner.

A form of deception

Many couples decide not to discuss any money-related issues. This option could lead to secretiveness or unsaid allowing to talk about financial infidelity.
It’s a form of cheating that involves concealing money-related matters and decisions from one’s partner, according to the BBC.
This phenomenon comes in several forms: lying about one’s salary or expenses, using oneself directly from another’s account, having a secret account or even secretly lending money to a third party.

A widespread phenomenon

These schemes impact on the trust within the couple and inevitably contribute to damaging a relationship.
The results of one study showed that “financial infidelity” is very widespread at the present time. Canada, 36% of respondents admitted to having lied to their partners about their finances. This percentage is lower than that of UK with 45%. To UNITED STATESthey would be 29 million Americans to hide a bank account or a credit card from their better half.

The causes

Several reasons have been mentioned, but “financial infidelity” would be mainly motivated by a feeling of shame. It also results from an unhealthy need to want to control finances while some people justify this by having to “help a loved one in need”. However, this phenomenon could also hide a much deeper malaise, linked to mental disorders or addiction problems.

Nation World News Desk
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