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TODAY.com and SELF.com Tuesday released results of an extensive survey we conducted earlier this year on relationships and money.
As we reported earlier, 37 percent of men and 56 percent of women acknowledge having lied to their partner about money.
Here are some other details from the survey of 23,000 online participants:
- More than 34 percent of men and women who have kept money secrets say it's because they disagree with their partner about where to spend the money.
- 32 percent of women said they have hidden purchases from their partner, compared with only 17 percent of men.
- More than 25 percent of women said they would pretend something was old when it was actually a new purchase, compared with about 8 percent of men.
- The poll found that about 70 percent of women and 63 percent of men thought that honesty about money was as important as remaining monogamous.
For a visual representation of our findings, click on the image above.
Send us your comments below, or on our Facebook page.
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We have investments together and we both own the homestead, but otherwise it's his checking account/her checking account and his credit cards/her credit cards. We split up the bill paying. Married 33 years, never argued over money. We've also had a financial planner for 26 years, very happy we did that.
There's the same arrangement in my family. When a major change occurs in a spouse's salary or in the size of certain bills (some are fairly constant, others rise faster than inflation), adjustments are made as to who pays what so that each has an equal share of "spending money."
"37 percent of men and 56 percent of women acknowledge having lied to their partner about money", while "70 percent of women and 63 percent of men thought that honesty about money was as important as remaining monogamous"
The math adds up for the men (37% (lie) + 63% (honesty important) = 100%), but for the women (56% + 70% = 126%), seems 26% also believe in hypocrisy - or polyamory. Just saying! :)
The solution? Have a written budget that each person has a say in what money goes where, then you stick to it! You can spend the money you said you wanted to spend, without the guilt or nagging. That was easy.
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Wow. How sad. This makes me embarrassed to be a woman. How about this? Chick gets a job, makes her own spending money (she contributes an agreed upon amount to the bills) and doesn't need to lie!
Guys, we're not all like this. Promise.