How to Talk to Your Spouse About Money: Effective Communication Strategies

The Budget Savvy Bride

Money can be an emotional topic, and it’s also an essential issue in relationships. If you want to be on the same page, you’ll need to talk about money with your partner, and you’ll want to approach the conversation thoughtfully and delicately.

Here are some tips on how to talk to your spouse about money.

How to Talk to Your Spouse About Money: Effective Communication Strategies

A Utah State University study showed that couples had a 30% higher likelihood of divorce if they fought about financial decisions weekly. You can potentially save your marriage by promoting financial intimacy through effective communication.

How to Talk to Your Spouse About Money

To spark a financial transformation, you need to be open-minded about each other’s history and goals regarding your money situation. Instead of jumping to judgment, work to understand each other, keeping calm as your spouse explains their side and money views. If you get worked up, take a break from the chat and return later.

BE OPEN-MINDED

If you want to have money talks that don’t lead to fights, then be respectful toward each other.

BE RESPECTFUL

There are many reasons one can end up in debt or with other financial struggles, and those reasons don’t necessarily mean the person has bad character.

DON’T ASSIGN BLAME

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