Quicken: Couples lie about holiday spending

RAPID CITY, S.D. (KOTA TV) - It is no secret that married people don’t tell their spouses everything; especially when it comes to how much money they spend on the holidays.

Quicken, a personal finance software company, surveyed more than 1,000 couples to get a picture of their spending habits over the holidays — and to find out if spending impacts their relationship happiness.

Quicken found that couples who agree on a holiday budget appear to be happier in their relationships than couples without a spending limit. Close to 70 percent of the couples agreed on a budget.

Still, nearly half of the budget-conscious people admit they lie about how much they spend on gifts.

One of the reasons they might be fibbing – where the money is spent. Quicken found that 28 percent of those surveyed admit they spend more on themselves during the holidays than they do on their spouse.

If you want to really ruin your relationship, forget to get a gift. According to Quicken, one in five people surveyed actually neglected their spouse, putting a chill on the holidays.

Quicken’s advice: Talk with your spouse about holiday spending plans, check your list twice to ensure you get a gift for spouse and why not … pick up something for yourself.