How To Have Successful Money Talks With Your Spouse

Money conversations with your spouse don’t have to be stressful or awkward. In fact, regular check-ins can strengthen your relationship and help you tackle your financial goals together. With a bit of planning, these talks can be simple, productive, and even enjoyable!

Set a Monthly Meeting

Dedicate 15–30 minutes once a month to discuss your finances. Treat it like a team huddle—find a time that works for both of you, grab a cup of coffee or a sweet treat, and dive in. Be mindful to pick a time when you are both well-rested and won’t feel rushed.

Come Prepared

Before your meeting, take time to review your bank and investment accounts. Keep your budget written down and easily accessible so you can both look it over ahead of time. Starting with the numbers ready keeps the meeting focused and efficient.

Stick To a Straightforward Agenda

Use your time together to discuss:

• Last Month’s Spending: Celebrate areas where you stayed on track and brainstorm solutions for any overspending.

• Upcoming Budget: Plan for the month ahead, taking into account bills, groceries, and special events.

• Large Purchases: Discuss any big expenses coming up, such as car repairs, home improvements, or vacations.

• Savings Goals: Review your progress on savings and decide if adjustments are needed.

• Debt Repayment: Strategize how to stay on track or speed up repayment.

Celebrate Wins

Take a moment to recognize your achievements, big or small. Whether you paid off a loan, saved for a goal, or stuck to your grocery budget, celebrating progress is important and keeps motivation high!

The key to successful money talks is teamwork. Approach these conversations with curiosity, openness, and a shared commitment to your financial future. While the first few meetings might take extra effort as you establish goals and routines, they’ll soon become easier—and you’ll even start looking forward to them!

Helpful Tools for Your Money Meetings

To make your conversations more effective, consider incorporating these tools into your monthly check-ins:

1. Why Discovery Guide
   Your “why” is the foundation of your financial decisions. By clearly defining your values and long-term goals, you can align your spending and saving habits with what truly matters to you.

2. Priority List
   A priority list helps you focus your spending on what brings you joy and aligns with your goals. It also curbs impulse purchases by keeping your financial priorities clear.

3. Goal Setting Worksheet
   Writing down specific, actionable goals gives you a roadmap to success. Without a plan, it’s easy to lose sight of what you’re working toward.

4. Debt Repayment Plan
   A simple debt repayment plan can help you take control of your finances. Start by listing all debts, stopping additional use of poorly managed credit, and outlining a clear payoff strategy.

Ready to take your financial conversations to the next level?

Join our Financial Foundations Membership, where we provide access to all of these tools plus guidance and support to help you gain control of your finances. Build healthy money habits, master your mindset, and work together toward a brighter financial future.