A new shocking study has revealed that 1-in-3 American couples are committing financial infidelity on each other.
According to the National Endowment for Financial Education study conducted by Harris Interactive, 76 percent of couples admitted that financial cheating by a spouse has hurt their relationship, 10 percent said it ultimately led to divorce, and 8 percent blamed it for a separation, the New York Post reported.
Financial adviser Jimmy Lee at Las Vegas-based Wealth Consulting Group said that several couples are getting divorced because of gambling or other addictions hidden by a spouse until it is too late to save the marriage.
According to previous records, the numbers have increased from 31 percent in late 2010 to 33 percent today.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
