Splurging, it seems, is a lot of peoples dirty little secret.
Of those, 57% were women.
What is it that causes us to be so secretive about our spending?
No Interest Til Almost 2027?
People dont like to discuss money, and I think that needs to stop.
Orienting money conversations around shared goals can help couples nix the secret spending.
Broke Millennial Talks Money author Erin Lowry recently spoke with The Penny Hoarder abouthaving tough financial conversations.
Is your money being put in alignment … with those goals?
You dont have to get into the numbers, Davis said.
it’s possible for you to just talk about, Hey I feel guilty about this spending habit.
He suggested that couples decide on a monthly amount each person can spend that is guilt-free, no-questions-asked spending.
You really want those Nikes?
If youve got $200 in your fun money fund, go for it.
Not ready for so much sharing?
Another solution for couples is to keep their finances separate.
Sometimes its best to bring in a professional before you get into yet another argument.
The Financial Therapy Association maintains adirectory of financial therapists.
Because no one needs secretive spending derailing their finances or their relationship.
Nicole Dow is a senior writer at The Penny Hoarder.
