Are there signs of financial infidelity in your marriage?

On behalf of Bryson Law Firm, PLC | September 13, 2019 | Family Law | 0 comment

Rather than physical or emotional infidelity, it could be financial infidelity endangering your marriage in Arizona. Your spouse could have debt, savings accounts or other financial activity that you do not know about.

To help you determine if this could be what is going on with your spouse, The Simple Dollar breaks down a list of common indications of financial infidelity. Provide yourself with a sense of clarity and peace of mind.

You no longer have access to a joint credit card

Maybe you and your spouse share a credit card account…at least you used to. If your spouse suddenly bumped you off as an authorized user without warning or telling you why, something could be up.

You come across statements for a “mystery card”

While doing the bills or budgeting, you may notice a statement for a credit card in your spouse’s name that you know nothing about. Even though the account may not have your name on it, the fact remains that it is a debt you could become responsible for if your spouse cannot keep up with it, or if the two of you divorce.

You learn that cash is missing

Stopping at an ATM or checking the debit account you share with your spouse, you notice the balance is much lower than it should be. Your spouse may have needed some quick cash and forget to tell you about it, which may explain an isolated withdrawal, but not a consistent series of withdrawals in large amounts.

Your spouse’s hobby borders on a financial addiction

If your spouse gambles, drinks, plays the lottery or even plays games that involve loot boxes, those hobbies could drain your shared finances. It is when you feel the hobby has become an addiction that you should start to worry.

This information is only intended to educate and should not be interpreted as legal advice.