Couples tend to avoid money conversations

But we live and love in a material world, and to achieve a close, connected relationship, discussing difficult topics is an important skill..

In this blog post, our couples therapist Natalie Bergman talks about money and its impact on relationships.

Meet the author

Headshot of Natalie Bergman, Registered Psychologist and Certified Play Therapist

Natalie Bergman, MA, RPsych
COUPLES THERAPIST

Meet the editor

Ana Hoepfner

Ana Hoepfner, BEc
COMMUNICATIONS

Money matters in relationships

One topic that often gets overlooked in relationships is money. Financial stress is a leading cause of tension in relationships, yet many couples avoid talking about it.

Couples who discuss money matters openly tend to handle financial stress better, which helps them save more and build wealth over time. When partners communicate about their finances, they are more likely to be on the same page and manage their money responsibly (Ryu & Fan, 2023).

Regularly discussing finances can be a huge deposit in your emotional bank account.

That’s because it fosters transparency, understanding, and joint problem-solving.

Here are some tips to spark easier, regular money conversations

  • Schedule money talks. Make time to discuss your financial situation regularly, whether it’s budgeting, saving for a goal, or handling debt.
  • Be honest. Financial infidelity, such as hiding purchases or debts, is one of the biggest emotional withdrawals in a relationship. Honesty is critical in maintaining trust.
  • Support each other’s goals. Whether one partner wants to save for a home or the other has plans for education, supporting each other’s financial goals can strengthen emotional connection.

Reference

Ryu, S., & Fan, L. (2023). The relationship between financial worries and psychological distress among U.S. adults. Journal of Family and Economic Issues, 44(1), 16-33. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8806009/

Talking openly about money with your partner can be difficult

Our couples counsellors can guide you into a healthier, more connected relationship with your partner.

That includes handling difficult topics like money.

Are you and your partner experiencing financial constraints?

Ask our friendly Intake Team about our affordable couples counselling options.

Book a couples counselling appointment