Newsweek - 06.03.2020

(Romina) #1
BY

TAYLOR TEPPER
@TaylorTepper

A new version of the Saturday Night Massacre? » P. 1 4


Illustrations by ALEX FINE NEWSWEEK.COM 11


CreditCards.com survey. And no matter what their
age, people agreed that lying to your partner about
money is a serious risk to a relationship, with 60 per-
cent of those recently surveyed by U.S. News claim-
ing it’s as bad as or worse than physical infidelity.
Before you start digging through your partner’s
credit card statements for evidence, though, take a
step back and recognize that the truth is often more
complicated than these surveys suggest and telling a
financial lie to your romantic partner doesn’t auto-
matically make you a dirty, rotten cheater. The key, as
with so many aspects of a relationship, is to under-
stand why you or your loved one feels
the need to keep money secrets, how
much real harm is being done and to
come to an agreement about when it’s
okay to be hush-hush and when you
should bare it all.

last month, as the calendar inched closer
to February 14, the air became thick with the
usual Valentine’s Day offerings—roses, boxed choc-
olates and a plethora of new polls warning couples
that financial infidelity is rampant and likely to ruin
your romantic relationship.
Consider just a sampling of some of these recent
surveys. A CreditCards.com poll earlier this month
found that 44 percent of respondents were finan-
cially two-timing their partners by hiding a check-
ing, savings or credit card account, secretly being in
debt or spending money their loved ones wouldn’t
approve of. Various surveys concluded
that millennials are the worst offend-
ers, when it comes to keeping money
secrets, although the percentages
varied widely: from 27 percent in
a TD Bank poll to 57 percent in the

Sex, Lies

& Money

Si[ in 1 people say ɿnancial inɿdelity is as
bad as or worse than physical cheating. %ut not
every money secret is a relationship killer

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