5 Steps to Owning Up to Financial Infidelity

Check out this interesting, helpful piece from YourTango:

Many people ask, “Should I tell my partner about my past financial infidelity?” Our answer: Get it off your chest.

Nearly every relationship harbors some level of financial infidelity. It might be as minor as not telling your partner what you really spent on a gift, or as major as keeping a secret bank account to pay for your gambling addiction.

Either way, the path to a healthy money relationship will never be smooth unless you are honest about your behavior and committed to changing your ways.

If you have a history of lying about spending or hiding money from your partner, it’s time to come clean. Here are five steps to confessing your financial infidelity that will get your relationship on the right track, bring you both closer together and help you get through the number one relationship killer.

1. Admit it to yourself.

Take a good look at what you’ve been doing, and why you’ve been doing it. What is behind your behavior—Fear? Anger? Control? Resentment? Shame? Before you tell your partner about your infidelity, you need to understand what has led you to these behaviors. This is not about making excuses or blaming your partner. It is about being honest with yourself, so you can take ownership of what you’ve done. No one made you do these things.

For the four other steps, head over to YourTango