Money: Top 10 things you’ll never hear from your spouse

By David Pye, Clearfacts, March 15, 2011

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Marital bliss is a fairly difficult status to maintain, but when money plays a significant role, it can be downright elusive.

According to a Wall Street Journal Smart Money report, some spouses are navigating slippery slopes when it comes to the transparency of financial issues.

From infidelities, to little white lies, here are 10 money-related issues you might find in the darkest corners of some spousal closets:

  1. The Mrs. and the Mistress: According to the General Social Survey, 15-18% of married Americans have had extra-marital affairs. When it comes to gift-buying, an AshleyMadison.com survey suggests that mistress gift tags generally run at twice the cost of spousal gifts.
  2. Secret Bank Accounts: According to a 2011 National Endowment for Financial Education/Forbes study, 15% of married people hide a bank account from their spouses.
  3. Platonic “Office Spouses”: According to a 2010 Vault.com survey, one in three people have an “office spouse” that he or she is close to in a platonic way.
  4. Fudging the Numbers: According to a 2010 American Express survey, nearly one in three married people have lied to a partner about a purchase’s cost, while a similar number have hidden purchases outright.
  5. Minimum Wage: The National Endowment for Financial Education/Forbes study also found that close to 10% of married individuals have lied to their partner about how much they earn.
  6. King of the Hill: According to a 2009 Cornell University survey, men who earn more than their spouses report significantly higher career and family satisfaction.
  7. Breadwinner Guilt: In the last 40 years, the number of women earning more than their husbands has risen from 4% to nearly 25%, but a 2010 Pew Research Center study suggests that it also breeds significantly lower family satisfaction.
  8. Gold-digger Secrets: According to a survey by wealth research firm Prince & Associate, two out of three women, and 50% of men, reported being “very” or “extremely” open to marrying for money.
  9. Dollars Trump Valentines: According to a 2005 survey conducted for Redbook magazine and Lawyers.com, nearly 25% of respondents would prefer their partner to be honest and open about money than about having an affair.
  10. Consumer Seduction: According to a 2008 Stanford University study, men are willing to take bigger financial risks when the purchase involves sexy women.

Special report other articles

Couples and money: fragile, handle with care
By Clearfacts, 05 October 2011
Deceiving your spouse about money
By David Pye, 04 July 2011
 
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