Money and Relationships: How To Talk To Your Partner About Money

How to talk to your spouse about money

Talking to your significant other about money is not always easy. For many women, this can be very hard to do because, well, romance and finance don't always mix well especially if you are not actively communicating about money with your partner. So in this blog post I'm going to share a few tips on how to talk to your partner about money.

Tip #1 -  Be honest with each other about your finances

If you are in a serious relationship, you want to be honest with each other about your finances so it doesn't come back as a problem later on. Talk about your overall financial picture including your credit and your debt and lay things all out so you are both aware of each others financial obligations.

Tip #2 - Remember it's not a fight

Talking about money should not be a fight and so don't make it one. Plan a nice dinner, go for a long walk. Keep in mind that you don't need to talk about all your financial issues or concerns in one conversation. You can talk about one topic over dinner and save the other topics for a separate occasion. This way things don't get too overwhelming or stressful. Also remember, it's a conversation so be sure to listen to your partner's perspective and ideas and thoughts as well.

Tip #3 - Budget and set goals together

Discuss your future plans and dreams together. Set goals for how much you intend to save and how soon you want to pay down debt or improve your credit together. Budget together. Create fun challenges together. Remember your significant other is on your side and is the other half of your team and working together will allow you to accomplish even bigger things together.

Tip #4 - Don't get on each others nerves about every cent

You don't have to be on top of each other for every single dollar that you each spend. This can be really annoying especially if you were used to doing your own thing with money before you got into a relationship. Instead, set spending limits and decide that if you intend to go over that particular limit then you both need to talk and agree on it.

Got any other useful tips? Share them in the comments!
Bola Onada Sokunbi

Bola Onada Sokunbi

Bola is a Certified Financial Educator, money coach, finance writer, business strategist, social media influencer and founder of Clever Girl Finance, a platform that empowers and educates women to make the best financial decisions for their current and future selves and to pursue their dreams of financial independence in order to live life on their own terms.