How to have the savings conversation with your partner
Here’s how to get your partner as passionate about saving as you are.
So you’ve successfully stopped living from paycheck to paycheck and realised that saving is easier than ever. Congratulations! Now you want to share your superpower with the whole world, starting with your partner. Sometimes, that’s easier said than done. Here are some pointers to help make the savings conversation a breeze.
Don’t expect your partner to share your passion for saving
Your partner probably won’t share your newfound joy for saving. In fact, they might actively resist your evangelical efforts to get them on board. The reality is that you’ll need to start slow. Instead of placing an embargo on all weekday spending from day one, just try to make money an open and approachable topic for you and your partner. Once they feel they can talk about their financial plans without judgment, it will be much easier to take any future steps.
Don’t focus on penny-pinching
Focusing on what you can’t have will make your new savings journey feel like a miserable exercise in self-deprivation. Instead, talk about where your savings habit will take you and why it’s worth it. Use your knowledge of your partner to show how what they want in life can be made a reality through a bit of simple saving.
Keep the time you spend on saving to an absolute minimum
Constantly thinking about cutting costs or denying yourself a few pleasures in life isn’t going to win you any brownie points. A minimalist method works better than anything else. With Nuri’s savings plans you can start saving individually with just a few seconds per week to keep the ball rolling. Our plans are the easiest way to encourage your partner to kick start saving on their own. When you are both actively saving, it will be easier to take the next steps.
Understand that saving together is about compromise
You might be starting the conversation but that doesn’t mean you have the right to dictate what gets said as well as the outcome. Instead of fighting for every inch of your own preferences, imagine the conversation as a way for you to both learn about your partner’s values and show them that their beliefs are important to you too.
Starting the savings conversation is only painful if you don’t take into account how your partner might feel about the change in circumstances. Start slowly so that the change doesn’t feel too sudden.
Remember that saving for your future plans should be enjoyable, don’t worry your partner by focusing on cutting back and try to minimise the time you both spend on your saving. If you follow our tips and use the knowledge you already have of your partners relationship to money, talking about finances and planning for your future will be conflict free.