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Why do people lie about money?


Irene

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Some men believe that what is his is his and that is it, he is afraid that the woman will want his for his assets and if he hides them and the woman does not know then she will not know really all what he has and then she can't spend it. It is really greed as well as the trust issue also...

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Why would a man lie about hidden assets to his girlfriend?

 

If he had "hidden assets" he wouldn't have to lie about them because no one would know about them except him and the holder(s) of the assets.

 

What are the significance of financial secrets in a relationship?

 

I think it would depend on what kind of relationship you are talking about.

 

You are only privilege to certain information, financial or otherwise, at the appropriate time. Ideally, as a relationship progresses and becomes more involved and more committed, diclosure of private financial infomation would be revealed at an appropriate time. No one with any sense (cents?) is going to lay it all out for you from the outset.

 

If this person is someone you are going to enter into legal, binding financial agreements with, it would be advisable to have a full disclosure of current income, employment history, credit history, current debts and liabilities. This information gives a much clearer picture of a person's financial wellbeing than knowing how much money they have in their piggy bank burined in the backyard.

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Most people would rather run naked through the streets of downtown than talk about their money situations, their worth, and other financial aspects of their life.

 

You can date somebody and not be privy to that information but if you're thinking about marrying somebody, if they won't come clean and be truthful about this then you are headed for trouble.

 

Marriage is a business, albeit a loving one, and you can't have a successful marriage partnership unless both parties are fully aware of the complete financial picture they are entering.

 

If someone is not forthcoming about their finances, they aren't looking to you in terms of a forever relationship.

 

It would be better if he said nothing rather than lie about his finances...but his finances are none of anybody's business unless he's planning on marriage or borrowing money from a bank.

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I know a man who just bought almost half of the company he works for and has not told his fiance because he has been through a divorce before.

 

Why would a man lie about hidden assets to his girlfriend? What are the significance of financial secrets in a relationship?
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