During these difficult economic times, many Columbus couples are being extra-careful about their finances. But what happens when one spouse is engaging in secret spending, sneaking around behind the other's back and buying items that the couple can't afford?

There is a name for this: financial infidelity. While many do not consider it as much of a betrayal as marital infidelity, it can still do a significant amount of damage to a marriage. For some, financial infidelity can create lasting trust issues that ultimately lead to divorce or separation. So what should you do if your spouse has been spending money and lying about it?

Contact us through Law Offices of William L. Geary, Co. LPA to discuss this issue.

Unfortunately, that is a situation in which you will have to determine what is best for you and your marriage. But there are a few steps that you can take to ensure that financial infidelity does not place you at risk of divorce.

First, discuss your financial habits. Are you a spender, or are you a saver? Do you make impulse buys or do you contemplate purchases for a long time? If you and your spouse have different money styles, it is important to communicate them. You may also want to open separate bank accounts so each of you can feel free to spend or save as you'd like.

Second, discuss your financial goals for both the short term and the long term. If your goals differ, compromise in a way that makes both of you happy. Then, set a budget that is both realistic for what you can maintain on a monthly basis and which will help you achieve your short- and long-term financial goals.

Source: Huffington Post, "Are You a Victim of Financial Infidelity?" Suzanne de Baca, Jan. 20, 2012