5 Money and Marriage Tips to Improve Your Relationship

September 1, 2020

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We all have individual passions in our lives. Sometimes our interests don’t always gel with our spouse's interests.

You might be really into brewing beer as a hobby, but your wife … not so much. She prefers photography. It’s all good though. Both of you respect each other, you do your own thing and you’re happy.

When it comes to our finances in marriage, that can be a whole different story. This is an area where teamwork, collaboration and partnership is required to be truly successful. Going off and “doing your own thing” when your money, future and retirement are at stake can be a recipe for disaster.

My wife Nicole and I both have different hobbies and interests, but we do our best to come together on our family financial planning. We’re far from perfect and we’re always learning, but through our partnership, we’ve been able to become consumer debt-free, mortgage-free, and millionaires in 10 years.

Here are 5 money and marriage tips that we’ve used to achieve our goals, honor each other's passions and maintain a spirit of adventure with our future financial challenges.

1. Share Your Financial Dreams

Take time to share your goals and desires with your spouse and ask them to do the same for you. This is a great opportunity to discover what fuels their spirit and motivates them.

Perhaps your wife wants to quit her stressful job and start a full-time photography business. On the other hand, you like your 9-5 but you’ve always dreamed of going on a two-week adventure in Southeast Asia. Now that the dreams are out there, you can both support each other physically, emotionally and financially to reach those goals.

2. Plan Your Path Together

Each big goal needs to be supported by smaller ones to get you to where you want to go. If quitting a stressful job to start a new photography business is the long-term goal, investigate what those shorter term actions steps are first.

Let’s say that a full-time job is bringing is $50,000 per year. You and your wife will need to partner together to discuss ways to increase her photography side-hustle revenue and decrease your living expenses to make up for the future loss in full-time pay. Times might get tough, but if that full-time gig is driving her crazy, it may just be worth it.

Plot out what milestones need to be hit to make it a reality.


3. Budget Monthly

Ah! No! Not a budget!

It can be the most unsexy word out there for some couples. Instead of thinking of it as something that will take away your money, think of it as something that will allow you to reach those financial dreams sooner. Measuring your spending and saving will allow you to track your progress and eventually accomplish those BIG goals.

Meet up with your spouse once per month and reassess your financial situation and your dreams. Are you reducing your spending like you’d planned? Have you earned enough side hustle income to pay off one of those debts that’s been holding you back?

Have some fun with these budget get-togethers too! This can be an excellent way to connect with your spouse and talk about the month ahead. You could even sample some of those microbrews from the garage during your money date! Mmmm … beer and budgets.

If you're looking for some tools for your couple's budget get-together, try Zeta or Honeyfi. They focus specifically on couples and their websites have great money and marriage tips as well.

4. See Things From Each Other’s Perspective

There will be times in your marriage when you have disagreements about your money. Shocking, right?! Who knew!?

It’s okay. You’re both human. It happens.

Take a step back and try to empathize with your spouse. When you put yourself in their shoes for a moment, you may just realize why they are responding the way they are. Trying to find middle ground can go a long way in marriage especially when it comes to your money.

5. Celebrate Your Wins Together

Let’s say your wife had a huge photography gig and you’ve used that extra cash to pay off her last student loan. It is time to celebrate! Crack open the bubbly, make her favorite dinner and share the news with family. This is a big deal. Make her feel like the rock star she is. You both deserve it.

When you take time to recognize your spouse and share these incredible moments together, the happy memories will last you a lifetime.

Where you and your spouse on your financial journey?

What other money and marriage tips would you add to this list?

Please let us know in the comments below.

Andy Hill

Andy Hill, AFC® is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping families build wealth and happiness. With millions of podcast downloads and video views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world. When he's not "talking money", Andy enjoys being a Soccer Dad, singing karaoke with his wife and relaxing on his hammock.


  • My wife and I decided on our goals early on in our relationship and we’ve been pursuing them ever since. It’s been a fun journey along the way and we’ve had good communication. I can’t really recall really fighting about money. So it’s been nice but we also don’t have any debt so that might help :)

    • Setting goals early is a big win! There’s nothing better than being in sync with your spouse. Nice work!

  • I heard a quote recently that went something along the lines of “If you agree how you spend your money, you agree on how you spend your life.” It’s really so true.
    Seeing things from another person’s perspective is the key to all aspects of marriage I think, far beyond just finances. It can be so hard though sometimes!

    • I hear ya! Sometimes our differences are what help us to grow. My wife makes me a ton more fun.


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