Financial infidelity tends not to be seen as serious as having an affair. The reality is, it is a major breach of trust and the damage it causes a relationship can have long term consequences. And then there’s the financial fallout to deal with.
Financial infidelity can seem harmless enough, buying something that you really know you shouldn’t and hiding it away. You bring it out saying breezily, “oh, I’ve had this for ages.” Both men and women do this. For many couples, financial infidelity stops there. But for others it can escalate to real financial harm and relationship breakdown. Continue reading →
I have been following the Ridge/Parore property relationship case with interest, not because of who they are, but because of the circumstances they find themselves in. Once upon a time they were in love, they made some financial decisions and now the love has died, they are finding out, ‘what happens to the money when the love dies’.
The Ridge/Parore case isn’t that uncommon. You meet someone, you fall in love and decide to start a life together. During this phase financial decisions are made, like, who is going to be in charge of the finances. These are either a conscious choice, or it just happens.
Things go along swimmingly and then something goes wrong and for whatever reason, you fall out of love and the relationship ends. Now things can get a little tricky if you aren’t organised, this is where you find out, ‘what happens to the money when the love dies’. The good news is most of the time this can be sorted without getting the judge involved, but when the trust completely breaks down (as appears to be the case here), sometimes it is the only option left.