Financial Infidelity: Not Being Honest About Finances With Your Partner - YouTube

Channel: WCCO - CBS Minnesota

[11]
JUST BECAUSE YOU'RE
[13]
COMMITTED TO A PARTNER DOESN'T
[15]
NECESSARILY MEAN YOU'RE COMMITD
[16]
TO BEING HONEST ABOUT FINANCES.
[19]
YOU MAY HAVE GOOD REASON BUT
[21]
ACCORDING TO A CREDIT CARDS.COM
[23]
SURVEY, 44% OF AMERICANS WHO ARE
[27]
MARRIED OR COHAS BEEN TATING IN
[30]
A CIVIL PARTNERSHIP ADMIT TO
[31]
FINANCIAL INFIDELITY.
[33]
YOU'RE CHEATING ON YOUR SPOUSE
[34]
BY BEING DECEPTIVE ABOUT YOUR
[34]
FINANCES.
[36]
SOME PEOPLE CONSIDER THAT
[39]
WORSE THAN ACTUALLY PHYSICALLY
[39]
CHEATING ON YOUR SPOUSE.
[40]
REALLY?
[41]
YEAH.
[44]
I THINK ALL FORMS OF
[46]
INFIDELITY ARE LESS THAN IDEAL.
[50]
WHICH IS THE WORST FORM OF
[51]
ABSOLUTELY ABUSING YOUR TRUST?
[55]
IT MEANS A COUPLE DIFFERENT
[56]
THINGS.
[58]
A THIRD IS THAT PEOPLE ARE
[59]
SPENDING MORE THAN THEIR
[61]
SIGNIFICANT OTHER WOULD
[61]
TOLERATE.
[62]
SO LYING AND HIDING IT.
[65]
ALMOST 20% HAVE SOME SORT OF
[65]
SECRET ACCOUNT LIKE A CREDIT
[69]
CARD THEY DON'T KNOW ABOUT OR A
[71]
CHECKING ACCOUNT OR SAVINGS
[71]
ACCOUNT.
[72]
12% OF PEOPLE SAY THEY HAVE
[75]
HIDDEN THEIR DEBT FROM THEIR
[75]
SIGNIFICANT OTHER.
[76]
I CAN SEE THAT.
[77]
THE THING THAT'S INTERESTING TO
[79]
ME IS IF YOU HAVE A CREDIT CARD
[80]
OR A DIFFERENT ACCOUNT OR
[84]
SOMETHING, YOU STILL HAVE TO PAY
[84]
FOR IT.
[86]
SO WOULDN'T YOUR SPOUSE OR
[89]
SIGNIFICANT OTHER BE LIKE,
[92]
WHAT'S THIS 300 DOLLAR
[93]
WITHDRAWAL FROM THE CHECKING?
[96]
I FEEL LIKE IT WOULD COME OUT.
[96]
IT MIGHT.
[99]
LET ME EXPLAIN HOW YOU HIDE
[100]
IT.
[101]
YOU HAVE THIS DOWN.
[102]
GIVE ME TIPS.
[103]
PEOPLE END UP WITH KEEPING
[105]
CASH FOR VARIOUS THINGS OR YOU
[109]
TAKE OUT MONEY FROM THE ATM AND
[110]
THAT BECOMES LIKE, WHAT'S THAT
[111]
MONEY.
[113]
YOU POCKET THAT AWAY OR
[115]
SOMETIMES IT'S DEBT YOU'RE
[115]
RACKING UP.
[118]
PEOPLE SAY THEY DO IT BECAUSE OF
[119]
DIFFERENT REASONS.
[121]
SOME MILLENNIALS AT LEAST THE
[124]
RESEARCHERS HERE ARE SAYING THEY
[125]
ARE SCARRED BY HAVING DIVORCE
[127]
FROM THEIR PARENTS SO THEY FEEL
[130]
LIKE THEY NEED TO SHIELD AND
[131]
PROTECT THEIR OWN FINANCES.
[135]
WOMEN ARE TAKING ON MORE OF
[137]
THAT ROLL VERSES THE BOOMER
[137]
GENERATION.
[139]
I CAN SEE HOW THIS MIGHT PLAY
[139]
OUT.
[142]
IN THE BOOMER GENERATION IT WAS
[143]
THE MEN CONTROLLING THE
[143]
FINANCES.
[144]
NOW WOMEN ARE CONTROLLING MORE
[146]
AND WOMEN ARE IN THE WORK FORCE.
[148]
WOULDN'T YOU BE HURT IF YOU
[149]
FOUND OUT YOUR WIFE HAD A SECRET
[151]
CREDIT CARD AND WAS SPENDING
[153]
MONEY THAT YOU HAD NO IDEA SHE
[154]
WAS SPENDING?
[158]
YEAH, HURT IS A GOOD WAY TO
[158]
PUT IT.
[161]
MORE LIKE WHAT IS THIS BEING
[162]
SPENT ON?
[164]
I HAVE THE EXTRA ACCOUNT FROM
[166]
COLLEGE BACK IN MY 20S.
[169]
YOU HAVE A HIDDEN ACCOUNT?
[171]
NOT SO MUCH HIDDEN BUT STILL
[171]
EXISTS.
[173]
THERE'S NOT MUCH IN IT BUT STILL
[173]
THERE.
[176]
I JUST DIDN'T WANT TO GET RID OF
[176]
IT.
[178]
WELL, I CAN SEE WHY.
[182]
I HAVE A CREDIT CARD AND MY
[183]
HUSBAND KNOWS ABOUT IT.
[184]
HE DOESN'T CHECK IT BUT
[185]
SOMETIMES THERE'S SOMETHING WHEN
[187]
I REALLY WANT AND I DON'T WANT
[189]
TO ANSWER ANY QUESTIONS OR TALK
[190]
ABOUT IT, THIS IS JUST WHAT A
[193]
WANT, I PUT IT ON THAT CARD.
[197]
I DON'T WANT TO DEAL WITH IT.
[198]
I'M NOT SPENDING THOUSANDS OF
[199]
DOLLARS BUT.
[201]
HE DOESN'T LOOK AT THE
[203]
CHECKING ACCOUNT FREQUENTLY I
[203]
WOULD ASSUME.
[207]
HE LOOKS AT IT ALL THE TIME.
[209]
IT'S LITTLE THINGS HERE AND
[212]
THERE I SAY YOU KNOW WHAT, THIS
[212]
IS MINE.
[215]
THAT'S NOT QUITE THE SAME AS
[215]
A SECRET ACCOUNT.
[218]
RIGHT BUT I CAN SEE HOW THAT
[218]
WOULD HAPPEN.
[222]
I THINK SOME OF THIS IS
[223]
PEOPLE ARE CHEATING.
[225]
THIS IS WHY YOU HAVE A SECRET
[226]
ACCOUNT.
[230]
SO YOU CAN PAY FOR THE HOTEL
[232]
ROOM OR THE SECOND THING.
[233]
SOME PEOPLE HAVE SECRET
[236]
ACCOUNTS BECAUSE THEY'RE AFRAID
[238]
OF WHAT COULD HAPPEN IN THEIR
[239]
RELATIONSHIP OR.
[242]
THEY'RE AFRAID THEIR SPOUSE
[244]
IS GOING TO SEND AN EXTRA
[245]
BOUQUET OF FLOWERS ON
[245]
VALENTINE'S DAY.
[248]
YOU MIGHT BE ON TO SOMETHING.
[250]
THAT'S WHY IT'S CALLED
[251]
FINANCIAL INFIDELITY.
[254]
WE COULD GIVE THE PLEASANT
[254]
REASONS FOR IT.
[256]
WELL, I'M JUST SAYING, ALL I
[258]
WANT IS A PAIR OF BOOTS AND NO
[263]
ONE TO ASK ME A QUESTION ABOUT
[264]
IT
[264]
.
[265]
SO ONLY BOOTS.
[266]
THAT'S WHAT A CHEATER WOULD SAY.
[268]
JUST FOR THE BOOTS.