Why Do We Lie About Money?


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?

More from Linda Lee
Comments

One Comment

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From 99.5 WYCD Detroit's Best Country

Guide: Little Caesars Arena Concert ScheduleMany of the top names in music have already booked dates at the new arena. Here are the music events booked at the arena so far.
Here’s What You Should Know About Little Caesars ArenaIf you are heading to Little Caesars Arena, you will want to bookmark this page.

Listen Live