Husband Accuses Wife Of “Financial Infidelity” Because Of How Much She Has Saved, People Call Him Out (2024)

FAQs

Is financial infidelity financial abuse? ›

Financial abuse (also called financial infidelity or economic abuse) occurs in most controlling or assaultive relationships. It often involves the victim being cut off from their finances, which creates an unhealthy amount of dependency on the aggressor.

What Is Financial Infidelity? Financial infidelity happens when you or your spouse intentionally lie about money. When you deliberately choose not to tell the truth about your spending habits (no matter how big or small), that is financial infidelity.

Like all forms of cheating, the problem is fundamentally a lack of trust. In a relationship with financial infidelity, the ability to talk about money isn't present. Either there is a desire or demand to control money in the way you want to without compromising with your significant other.

They have fear and insecurity

Based on past experiences, this is one of the main reasons why people accuse their spouses of cheating. If your spouse has been cheated on in a past relationship, they might be extremely wary and constantly on the lookout for signs of infidelity.

This is often handled within the divorce process rather than as a separate lawsuit. While direct lawsuits for the act of financial infidelity are not typically viable, the legal system provides mechanisms through divorce and marital property laws to address and remediate the financial damage caused by such actions.

While financial infidelity can and has led to the termination of many marriages, relationships can survive if spouses make a mutual commitment to be honest and communicate. Frequently reviewing bills and financial statements together and having ongoing discussions about future goals are essential.

Financial fraud happens when someone deprives you of your money or otherwise harms your financial health through misleading, deceptive, or other illegal practices.

While financial infidelity is not an official ground for divorce, deceitful behaviors can have legal implications in proceedings: Division of Property — Hiding assets or debts skews division. For example, if your spouse secretly amassed $100,000 in stock investments, you likely have a claim to half.

Deception involves lying, distorting facts, making up stories, hiding the truth, or misleading someone in some way. 1 It can be harmful to relationships because it violates trust. The mildest form of deception is a white lie.

The gospel of Jesus Christ gives hope for a marriage damaged by financial infidelity. In the gospel, there is repentance, grace, forgiveness, and reconciliation. For such an act of betrayal, it will take time for a marriage to rebuild the damage that was done.

Should you forgive financial infidelity? ›

“If you want the relationship to work out, you're going to have to forgive and move on,” Harzog says. “That's hard when you have been betrayed, but if you want to save your relationship, you will have to take some steps to do so.”

Confront or confess.

If you're already in a serious relationship and you've discovered financial infidelity (or committed it yourself), approach your partner. Don't throw wild accusations or go into the conversation angry. Sit them down and explain what you found (or what you did).

Innocent people can react to false accusations of cheating can in a variety of ways. Common reactions include surprise and disbelief, denial of the accusation, anger and frustration, a desire to prove their innocence, and a willingness to cooperate with any efforts to investigate the situation.

Lying is a common reaction to accusations of cheating.

An unfaithful partner may completely deny what happened, or they may lie about specific details, such as how long the affair went on or whether it's still happening.

Why Cheaters Blame Their Partners. Those who cheat often tend to blame their partners in hopes of denying the severity of their actions. They refuse accountability and sometimes exhibit little remorse or empathy.

Key Takeaways. Financial infidelity is when couples with combined finances lie to each other about money. Examples of financial infidelity can include hiding existing debts, excessive expenditures without notifying the other partner, and lying about the use of money.

This article by Centsai sums it up nicely. Financial infidelity is when one partner lies to the other about debts, credit cards, keeping cash in a secret account, and otherwise hides or lies about money. There can still be a sharing of money, assets, and financial decisions.

Technically, financial infidelity isn't a crime. There aren't any laws stating how a couple must manage their funds or one that holds one partner accountable if they don't share assets with their spouse. For example, you can't have a spouse arrested because you discover they conceal assets from you.

It can lead to arguments and feelings of mistrust, which can cause a breakdown in communication between spouses. In addition, financial problems caused by one partner's spending habits can create tension and stress in the relationship.