Two of the most common ways of spending money are debit and credit cards. Ideally, a married couple should have both the cards. If they want to pay for their expenses later and they are not sure about the extent of their expenses, the use of a credit card would be wiser. On the other hand, if they know the amount they want to spend or if they need hard cash any time of the day, a debit card is more helpful. However, something as simple as the use of debit cards for withdrawing money from the ATM machine can also indirectly turn out to be one of the means of financial infidelity. Withdrawing money from your account using an ATM is a very common practice. Along with having a shared debit card, many couple also have a shared debit card for their savings account. It serves as a single mode of payment and/or cash withdrawal between both the individuals. However, it becomes a matter of concern if you discover that an unusually high amount of cash has been withdrawn from your account without your notice, and if it’s not you, it has to be your spouse. It is absolutely normal to withdraw cash from the account in smaller amounts for purposes like work dinner, shopping, movies or buying groceries. You need not be informed about every single transaction carried out by your partner.
However, one fine day if you go to an ATM to withdraw money and you check your balance that is considerably lesser than the last time you checked, there is room for doubt. This would clearly mean that your spouse has withdrawn a large sum of money without your knowledge. This is where financial infidelity creeps in. If you are married to an individual and you share a debit card, you should let the other person know if you are making such huge monetary transactions. Also, as a spouse and a member of a joint account, you have all the right to know if such a sum of money is withdrawn from your account. Your partner might have their reasons which may also be valid, but they should keep you updated about the same. They should understand that there is nothing wrong about withdrawing money from your own account, but the entire ‘secrecy’ element makes matters worse. Hence, if you find out that a large sum of money has been withdrawn from your savings account, check the account statement to keep track of all the activities that took place in your account. Confirm the same with your spouse and then address the matter.
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