Money leaves a trail, and it is virtually impossible to conceal spending completely from someone who is determined to find it.
If you suspect that your spouse is cheating on you, an examination of your joint accounts and returns could reveal dubious activity. You probably will not find a heavily smoking gun, but irregular items might inspire the right questions.
Pay attention to money management and spending
It is a well-known warning sign that something is amiss if your spouse insists on handling shared finances alone. Furthermore, CNBC reports that if your spouse acts secretively about your accounts or supplies you with an “allowance,” it might be an attempt to cover illicit spending.
If you have openly avoided involving yourself in the banking and investing up to this point, you may want to start now. After a while, most of the statement activity will look routine — and some might not.
For example, you may know that your spouse prefers to pay with credit or debit cards and never carries cash. So then why are regular ATM withdrawals and cash back store transactions appearing on your bank statements?
Inquire about business dealings
Entrepreneurs typically have experience forming legal business entities; often, it is a simple matter of paperwork. News reports have cited cases where business owners registered new companies out-of-state, legitimately or not, and funded them with personal “investments.” Sometimes the businesses served to hide assets from divorcing spouses; other times, they left a paper trail to extramarital relationships.
Take care to exercise caution as you start digging. Most people have a lot of trouble overcoming confirmation bias. If you are sure that your finances will reveal your spouse’s indiscretions, everything may start to look suspicious.