Do you hide purchases from your partner?

New research reveals that Australians are spending $1.6 billion per year on secret purchases.

New research has revealed 2.7 million Australians are guilty of secret spending.

According to a Finder survey Australians are spending $1.6 billion per year and roughly $588 per month on secret purchases.

Hidden purchases include clothes (38%), guilt food (32%), gambling (26%) and shoes (18%) with men spending $807 per month compared to women spending just $366 per month.

Finder Money Expert Bessie Hassan said discussing spending habits with your partner might depend on how long you have been in a relationship.

"If you've just started dating someone, there's no need to divulge every detail of your monthly expenditure,” Ms Hassan said.

"But if you're merging finances and moving in together, you'll probably need to have a conversation about money and spending habits.

"If you plan on buying a home together down the track, both your credit scores will be considered. If your partner has a bad credit score, it'll impact your borrowing power as a couple."

More than half (60%) of secret spenders pay for their sneaky items with cash. A further 26% use a debit card while 24% spend on the credit card.

"Lying about your finances can damage a relationship, especially if it results in debt,” Ms Hassan said.

“If you're constantly hiding your spending from your partner, it's important to ask yourself why that might be the case.”

What spending Australians are hiding from their partners

Clothes 38% 
Guilt foods   32%
Gambling 26%
Shoes 18%
Pub sessions/ alcohol   15% 
Cigarettes 14%
Other 8%

Do you do most of your shopping with Afterpay? Here are some tips on how to avoid falling into the trap of the ‘buy now, pay later’ online payment system.


The information in this article has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained in the document is general advice and does not take into account any person’s particular investment objectives, financial situation or needs.