13 Million Americans May Be Guilty of Financial Infidelity

Man Woman Infidelity
Photo by Rido / Shutterstock.com

About 13 million Americans could have bank accounts or credit cards that their partners are unaware of, a new survey indicates.

The CreditCards.com poll found that 1 in 20 respondents living with a spouse or partner admitted to currently or previously having a checking account, savings account or credit card that their significant other didn’t know about.

CreditCards.com explains:

Multiplying that percentage by the number of U.S. adults yields nearly 13 million Americans who are withholding financial information from their loved ones — and that counts only those who confess their secret accounts to a random pollster over the phone.

Approximately 1,000 adults in the U.S., about 700 of whom were currently living with a spouse or partner, were interviewed by phone for the survey.

The survey also found that:

  • 41 percent said their significant other should be able to spend up to $100 without telling them.
  • 24 percent said their significant other should be able to spend more than $500 without telling — with men (30 percent) more likely than women (18 percent) to say they were OK with that threshold.
  • 19 percent admitted to having spent more than $500 without telling — with men (24 percent) more likely than women (14 percent) to have done so.
  • Seniors — defined as people age 65 and older — were the age group most likely (24 percent) to say their significant other should be able to spend no more than $25 without telling them.

Laurie Berzack, a professional matchmaker who founded Carolinas Matchmaker in Charlotte, North Carolina, tells CreditCards.com that she advises couples to address potentially touchy subjects like money early on in a relationship:

“The problem is that a lot of couples don’t have that conversation. They’re afraid to have the money conversation. That’s where people get into trouble and start lying and hurt feelings are created.”

To learn more about love and money, check out:

How much money do you think your spouse or partner should be able to spend without informing you? Let us know below or on our Facebook page.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Most Popular
New Retirement Bill Would Help Savers of All Ages
New Retirement Bill Would Help Savers of All Ages

With bipartisan support, this bill could help millions of workers and retirees boost or conserve their retirement savings.

If You Find This Thrift Shopping, Buy It
If You Find This Thrift Shopping, Buy It

This iconic dinnerware is prized for everyday use as well as reselling for profit.

3 Colors That Can Ruin Your Car’s Resale Value
3 Colors That Can Ruin Your Car’s Resale Value

Select the wrong color for your next car, and it could depreciate twice as fast as others.

20 Things That Are Actually Worth Stockpiling
20 Things That Are Actually Worth Stockpiling

You don’t need a year’s supply of toilet paper to survive an outbreak, but consider stocking up on these items.

9 of the Best Things to Do When You Retire
9 of the Best Things to Do When You Retire

You’ve waited all your life for this moment. Make the most of your retirement.

Beware This Hidden Ingredient in Rotisserie Chicken
Beware This Hidden Ingredient in Rotisserie Chicken

Something foul may lurk in those delicious, ready-to-eat birds.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.