Survey Finds Nearly 6 in 10 Americans Hide Financial Secrets From Those Closest to Them

A new survey of 2,000 Americans found that 59% say they have kept at least one financial secret from other people.

The most frequently hidden issue was a poor credit score, followed by substantial credit card debt and gambling.

Researchers also found that 30% of respondents said they had concealed a purchase or financial choice from a spouse, partner or family member.

“The survey suggests money isn’t just influencing financial decisions; it’s influencing relationship dynamics, major life milestones and overall confidence,” said Marc Womack, Head of Client Experience, Strategy and Governance, TD Bank U.S. “Financial education and planning may help people better navigate these pressures, have more productive conversations and make more informed decisions about their future.”

The findings also point to the role money plays in dating.

Seventy-two percent said financial stability is an important factor when choosing a partner.

Just 6% said a potential partner’s financial situation does not factor into their decision at all.

“Whether it’s navigating financial conversations with a partner, reaching a major life milestone or leaning on loved ones for support, confidence can be strengthened from understanding your financial situation and making informed decisions,” said Mandy Kelso, Head of Financial Education, TD Bank U.S.