Survey: Financial White Lies Can Be Disastrous To Marriage - KATV - Breaking News, Weather and Razorback Sports

Survey: Financial White Lies Can Be Disastrous To Marriage

Posted: Updated:

Have you ever hid a credit card, downplayed your debt, or fibbed a little about how much you make?  From your spouse?  Love and money experts say those little white lies can be disastrous for your relationship.

A recent survey found that not all couples are in sync financially.  And that can lead down a path of trouble. The survey revealed that:

  • 31% of Americans who have combined their finances say they've lied to their spouse about money.
  • 67% of those say it caused arguments.
  • 16% broke up as a result.

Many of those lies are about debt.. a potential marriage destroyer.  Research from Utah State University shows thrifty couples are happiest and too much debt can ruin a marriage. Professor Jeffrey Dew says, "Couples with consumer debt tend to fight more.  They are more stressed about their money and some recent research that I have done even shows that consumer debt is associated with divorce."

He says a couple with $10,000 in debt and no savings is about twice as likely to divorce as a couple with $10,000 in savings and no credit card debt.

That's a good example that when couples can take the financial pressures off their relationship, they're able to focus on each other and not their money problems.
 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Lockdown lifted at Little Rock Air Force Base

    Lockdown lifted at Little Rock Air Force Base

    Wednesday, July 23 2014 5:48 PM EDT2014-07-23 21:48:11 GMT
    The lockdown at Little Rock Air Force Base has been lifted.More >>
    The lockdown at Little Rock Air Force Base has been lifted.More >>
  • 20 year old Stuttgart man shot while walking his dog dies

    20 year old Stuttgart man shot while walking his dog dies

    Wednesday, July 23 2014 11:50 PM EDT2014-07-24 03:50:30 GMT
    UPDATE: 20 year old Daniel Ruffin passed away Wednesday night. STUTTGART (KATV) - Community members held a prayer vigil for Daniel Ruffin after he was shot in the chest on Tuesday night. Ruffin was walking his dog in front of his home on South Maple street just after 5 pm when he was shot. Neighbors At Wednesday's vigil Ruffin's family was warmly consoled and encouraged by neighbors.More >>
    UPDATE: 20 year old Daniel Ruffin passed away Wednesday night. STUTTGART (KATV) - Community members held a prayer vigil for Daniel Ruffin after he was shot in the chest on Tuesday night. Ruffin was walking his dog in front of his home on South Maple street just after 5 pm when he was shot. Neighbors At Wednesday's vigil Ruffin's family was warmly consoled and encouraged by neighbors. More >>
  • FOLLOW-UP: Coroner says "pure speculation" if son would have been saved

    FOLLOW-UP: Coroner says "pure speculation" if son would have been saved

    Wednesday, July 23 2014 6:51 PM EDT2014-07-23 22:51:41 GMT
    CONWAY (KATV) – The Faulkner County Coroner said it was a lethal combination of a multitude of drugs that ultimately killed 20 year-old Joshua Ashley-Pauley – the son of the man holding a sign public shaming his son’s friends who he believes did nothing to help save his son. More >>
    CONWAY (KATV) – The Faulkner County Coroner said it was a lethal combination of a multitude of drugs that ultimately killed 20 year-old Joshua Ashley-Pauley – the son of the man holding a sign public shaming his son’s friends who he believes did nothing to help save his son. More >>