Secrets are never healthy in a relationship, especially when it comes to cheating. But millions of Australians believe that there is an even worse sin.
Millions of Australians view financial infidelity as the ultimate betrayal in their relationship – even worse than physical deception, according to a new study.
Surprisingly, more than one in five Australians think financial infidelity is worse than their partner’s affair, according to a survey by comparison website Finder.
But finances seem to remain a mystery in many relationships. Two in five people – that’s over 7 million Australians – didn’t know how much their partner was worth.
Generation Z is more likely to admit that they believe financial infidelity is worse than physical cheating, with 27 percent unwilling to accept it, compared with just 17 percent of baby boomers.
Men and women felt that financial infidelity was worse than physical deception, indifferent.
Kate Browne, a personal finance expert at Finder, said that being transparent about your finances with your partner can be as important as being loyal in a relationship, especially when your finances are combined.
“Financial infidelity can range from things as small as lying to buying a new pair of shoes to gambling with large sums of money,” she said.
“Financial fraud ranks high with physical fraud and can be even more devastating in the long run.”
She encourages individuals to be open about their finances with their partner from the start.
“If you check early that your spend and save settings are compatible, you are less likely to go astray later,” she added.
However, a survey by Relationships Australia found that a majority of respondents felt that infidelity shouldn’t always lead to the end of a relationship.
However, more than 10 percent of men and women believed that infidelity should always lead to the end of a relationship.
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