Uncomfortable Conversations About Money is a series that addresses difficult financial topics, such as financial infidelity, which involves hiding financial actions from a partner. Financial therapist Ed Coambs defines financial infidelity as a breach of trust related to money management. It can occur in various relationships and is often a result of fear of criticism or judgment. Studies show that a significant number of people have engaged in financial deception, affecting their relationships. Coambs shares his personal experience of committing financial infidelity due to self-worth issues. The reasons for such actions are diverse, including mental health issues, cultural expectations, and self-protection. When confronting financial infidelity, honesty and safe communication are essential. Seeking the help of a financial therapist can facilitate the process of rebuilding trust and working through financial issues. Readers are encouraged to share their own uncomfortable money stories and suggest topics for future discussions. The series aims to address common financial challenges in relationships and provide practical solutions.
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How Financial Deception Leads to Distrust and Tips for Rebuilding Trust.
