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AICPA Survey: Financial Tension Rising

Financial issues have always produced tensions in relationships. But the pandemic and its impacts are increasing tension, according to recent survey by the American Institute of CPAs.

The survey found 34 percent of respondents report tension over financial issues has reason since the start of the pandemic. The number is higher for those with children in their homes with 47-percent of those reporting increased tension, versus 22 percent of those without children present. 

Sixty percent of those with children say “financially driven relationship tension has had a negative impact on intimacy with their partner, far outpacing the 34 percent of Americans without children at home.

The online survey was conducted by The Harris Poll from January 13 through 15 and sample 2,040 U.S. adults aged 18 an older. There were 1,157 married or living with a partner.

Twenty-six percent of those surveyed reporting financials issues as a source of tension in their relationships at least once a month with 27 percent saying of married or cohabitating Americans reporting no disagreement with their partners about any aspects of finance in the last year.

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