A CreditCards.com report show that 6% of women and 5% of men have hidden a financial account from their spouse. However, many just don't tell their spouse about major purchases. Wall Street Journal staffer Kate Davidson takes a look at this new report which shows that nearly 41% of Americans have spent more than $100 without telling their spouse and nearly one in five had spent at least $500 without telling.
The survey showed that men are more likely than women to hide a major purchase ($500+) and were twice as likely to say their spouse should be able to keep large purchases to themselves:
“It shows that at least Americans aren’t hypocritical when it comes to financial secrets,” said Matt Schulz, an analyst with CreditCards.com. “But, still, $500 is an awful lot of money to spend without the intention of telling your significant other.”