When a
married couple decides to call it quits, it could be for any number of reasons.
In many cases multiple reasons have combined to cause a struggling couple to
decide that divorce is the best next step. But research studies
have shown that financial disagreements are one of the main drivers of disputes
in marriage that often lead to divorce.
A
research study conducted in 2011 by the National Endowment for Financial
Education showed that financial infidelity has a negative impact on
relationships 68 percent of the time. This study also showed that 16 percent of
marriages end because of it. In addition, a study conducted by researchers at
Kansas State University in 2013 showed that arguing about money is the best way
to predict divorce. Another recent study shows something very similar: secret
credit card spending can lead to divorce.
According
to this new study, one in ten people admit that their spouse's or their own
secret credit card spending played some part in their separation or divorce. Of
the 1,000 men and women polled in the study, 36 percent said they keep their
purchases a secret because they know their spouse will be mad and 35 percent
keep them a secret simply because they know their spouse will disapprove.
Arguably
the most interesting finds in this survey were the following: some people were
actually using their credit cards on necessary living expenses and while women
were 60 percent more likely than men to hide their purchases, men actually
spent more.
Money
problems and financial disputes may just be the tip of the iceberg for some
couples who have decided a marital dissolution is the only way to go. However,
if one or both of the individuals have a tendency to keep secrets, then
division of property could become more difficult. It is always helpful to have
an experienced Minnesota divorce attorney on one's side.
Source: Huffington
Post, "Secret Credit Card Spending And Divorce Linked In New Survey," Oct. 14, 2013
No comments:
Post a Comment