Financial infidelity causes more break-ups than sex

NZ Herald 6 July 2016
Family First Comment: Interesting. “A 2013 study from Kansas University also found arguing about money is the top predictor of divorce, regardless of the couple’s income, debt or net worth.”

Financial infidelity is replacing sexual infidelity as a leading cause of relationship breakdowns.

It’s when people lie to their partners or deceive them about money, according to leading financial personal trainer, author and principal of financial advisers EnableMe, Hannah McQueen. She says financial infidelity is just as common in New Zealand.

Recent research in the US (a 2016 Harris Poll study for the National Endowment for Financial Education and National Foundation for Credit Counselling) confirmed one in three spouses are guilty of financial infidelity – lying to their partner about what they earn, concealing or understating costs or debt ignored or hidden.

A 2013 study from Kansas University also found arguing about money is the top predictor of divorce, regardless of the couple’s income, debt or net worth.
READ MORE: http://www.nzherald.co.nz/enableme/news/article.cfm?c_id=1504103&objectid=11668846

signup-rollKeep up with family issues in NZ.
Receive our weekly emails direct to your Inbox.