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" Talking about money, especially with your significant other, can be tough. That&amp;#039;s part of the reason why, in a recent poll\u00A0conducted for CreditCards.com, 1 in 20 Americans living with a spouse or partner admitted to having\u00A0a bank account or credit card their beloved\u00A0didn&amp;#039;t know about.\u00A0 Researchers multiplied\u00A0that percentage by the number of adults in the\u00A0U.S. to determine that\u2014if poll results speak for the general population\u2014nearly 13 million Americans\u00A0are hiding\u00A0financial information. The survey also\u00A0looked at the &amp;quot;spending threshold&amp;quot; for secret purchases. In other words, how much money one spouse should be able to spend without telling their partners.\u00A0 Of those polled:  \u00A041 percent\u00A0said they would be fine with their partner spending $100 or less without telling them 24 percent said that\u00A0limit should be purchases\u00A0over\u00A0$500 19 percent\u00A0said they had\u00A0spent more than $500 without telling their partner\u00A0  Men were almost\u00A0twice as likely than women to have spent $500\u00A0without telling their partners.\u00A0 The good news is that &amp;quot;financial infidelity&amp;quot; typically isn&amp;#039;t an indicator of actual infidelity, experts say. Clandestine lines of credit usually crop up around &amp;quot;misunderstandings about how to manage money in the relationship,&amp;quot; or even from\u2014wait for it\u2014good motives. Chuck Bentley, CEO of Crown, a large Christian financial ministry based in Knoxville, TN, told CreditCards.com that sometimes people are\u00A0trying to\u00A0solve\u00A0a problem, such as financing a business, without involving their spouse.\u00A0&amp;quot;They have good intentions, but it goes really bad,&amp;quot; \u00A0he said.\u00A0 Some people run up debt then scramble to eliminate it before their partner finds out.\u00A0When\u00A0Navicore Solutions, a national nonprofit counseling agency, receives those kinds of calls, it\u00A0will often\u00A0&amp;quot;push [the couple]\u00A0to have that uncomfortable conversation,&amp;quot; said\u00A0Kim Cole, the agency&amp;#039;s\u00A0education outreach coordinator.\u00A0 &amp;quot;There are a lot of hurt feelings and a lot of anger, but when they come clean, it tends to be a bit cathartic for the relationship,&amp;quot; Cole said. The conversations &amp;quot;tend to end a lot better than they initially think it will.&amp;quot; [via CreditCards.com] Follow Woman&amp;#039;s Day on Instagram.\u00A0 "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.womansday.com/relationships/dating-marriage/a53649/spouse-hiding-money-financial-cheating/>