1 IN 5 HAVE SECRET MONEY HIDDEN FROM PARTNER

(January, 2019) According to a report from CreditCards.com, roughly 1 in 5 Americans in a live-in relationship keeps a checking, savings or credit card account hidden from their spouse or partner. Secret accounts are most common among millennials, 28 percent of whom are currently hiding bank or credit cards from their live-in partners, the study shows. Industry analyst Ted Rossman says there’s nothing wrong with couples keeping their finances separate, but it’s important to be upfront about it. “Communication about money is so important in a relationship. It’s hard enough to reach big financial goals when you’re on the same page. It’s almost impossible when you’re not on the same page.”
* Who’s the snitch?
* This’ll be fun to talk about over dinner tonight.
* These are the people who admitted it, so count on the actual numbers to be at least double.
* “The due date for your payment is the 23rd. And does your wife know what you bought?”
* So what’s a credit card company trying to accomplish with this study? Besides getting everyone in trouble.
* PHONE TOPIC: Do you have a secret money stash? What do you use it for?