Trust Your Significant Other About Money? Maybe You Shouldn't.
Couples often avoid discussing money for a variety of reasons. One partner may make more than the other, or one may have credit card debt that's embarrassing. The reason doesn't really matter, but the result can be catastrophic for the health of your relationship.
Nearly one-in-four married Americans admits to keeping a financial secret from their spouse, according to a new survey from MassMutual. Those numbers increase for younger generations -- Generation Z, Millennial, and Generation X respondents were about two times more likely to have financial secrets than Baby Boomers (29% of Gen Z/Millennials and 33% of Gen X vs. 15% of Boomers).
Not talking about money can lead to problems. Image source: Getty Images.
Source Fool.com