Financial Infidelity: Couples are hiding purchases from each other. This especially applies to cryptocurrency buys.

The delivery driver comes to the door… but you didn’t order a package. And then your partner swoops in, like a sweaty eagle, to intercept the package. They pant about it being for work or something, and off they go, acting like they didn’t just buy $5000 worth of XVG Verge and a bag of toys.

Seeing as it isn’t your birthday any time soon, you can safely assume the package is not a fabulous new air fryer that will make your 2-day old pizza in the fridge seem new again.

Nope, your partner is taking part in some financial infidelity.

Delivery software company Circuit conducted a survey asking people about their spending habits.

The key findings are interesting, particularly when it comes to spending on crypto.

-50% surveyed said that their partner would disapprove of them purchasing crypto

-2 out of 5 people hid cryptocurrency purchases, saying it would damage their relationship

-Crypto is in the top 10 ten list of hidden purchases.

58% of people in a relationship had gone on to buy something after their partner expressed disapproval.

Nearly 40% of people in a relationship have a secret credit card that their partner doesn’t know about.

A third purchased things by stealth, because they feared judgment from their lover.

The study in question revealed that almost 8 out of 10 of people surveyed have hidden a purchase from a partner. The worse offenders are parents (82.9%). People with kids were way naughtier than lovers without kids (68.9%).

Secret spenders were less happy in their relationships, compared to the couples who didn’t have secrets.

4 out of 5 people who were unhappy in their relationship hid purchases from their partner. This compares to compared to 2 in 5 of those who were happy.

Stealth spending also was a factor in breakups: 90% of those who recently split with their partners, had hidden purchases from their former flames.

Men were more likely to think spending was none of their partner’s business.

Hiding deliveries became harder when the pandemic triggered lockdowns. 38% of stealth spenders used  special delivery requests, and 25%  intercepted their delivery driver.

22% percent of people chose to divert deliveries away from their home or workplace.

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The post Financial Infidelity: Hiding Crypto Purchases is the New Cheating appeared first on BeInCrypto.

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