Most of us lie about money. A lot. According to a survey from T. Rowe Price, 77 percent of parents say they are not always honest with their kids about finances. Fifteen percent fudge the truth at least once a week. Why do people lie to family & friends about money?
When it comes to spouses, nearly half of us lie to them about money. And roughly 6 million Americans keep financial accounts concealed from their significant others.
I know quite a few people who lie about how much money they spend….either shopping, gambling or even how much they spend at the grocery store!
Funny thing is that people don’t always tell the same lie when it comes to money. When it comes to how much money we make working, some lie and tell others that they make less than they actually do, while others say they make more than they actually earn.
Why do YOU lie about money?