Michael Medved

A new study by the National Endowment for Financial Education and Forbes.com shows that three in ten married Americans commit “financial infidelity” by lying to their spouses about income or expenditures. These betrayals lead to serious marital difficulties: in 27% of such cases, the partners end up separated or divorced. Meanwhile, a big majority of the couples who manage to stay married still say that keeping secrets about money seriously damages trust within the marriage. Since most Americans devote so much of their time to earning a living, managing their money and paying bills, financial lies can prove nearly as devastating as romantic betrayals. Financial challenges, no matter how stressful, can bring couples together when they face them together, but hiding assets or expenses can drive them apart, no matter how fortunate their balance sheets.


Michael Medved

Michael Medved's daily syndicated radio talk show reaches one of the largest national audiences every weekday between 3 and 6 PM, Eastern Time. Michael Medved is the author of eleven books, including the bestsellers What Really Happened to the Class of '65?, Hollywood vs. America, Right Turns, The Ten Big Lies About America and 5 Big Lies About American Business
 
TOWNHALL DAILY: Be the first to read Michael Medved's column. Sign up today and receive Townhall.com daily lineup delivered each morning to your inbox.