One common question that comes up on my channel is "how to get your spouse to share in your financial goals?" My first response is, does your spouse even know what your financial goals are? If you have been following our journey on YouTube, then you know that my husband and I had very different financial upbringings. We struggled in the beginning to find a middle ground that would work for us as we merged our lives together. My husband, the saver, came across as someone trying to control my every bit of spending. Since I had just left my business to become a stay at home mom, this came as a major blow to my ego and quality of life. I didn't understand why we had so much money but couldn't spend it the way I wanted to. It wasn't until years later when my husband and I started learning more about what we each wanted from our lives that our different styles started to make sense and merge into one unit.
So the first step should be to sit down and talk about the big picture. What is your end financial goal? When I learned about my husband's plans of being able to retire early and travel the world as a family, I was more than willing to make the necessary cutbacks to make that happen. When he learned that being able to spend money on certain things that enhanced my life were important to my general well being, he was more than happy to work that into our budget. We could have saved each other so much headache if we only took the time to discuss this in the beginning and be able to see money from each other's eyes.
We now have a family vision board that lists not only our "big picture" financial goal but also our smaller yearly money goals. Since the kids know what we are trying to achieve, they are more than happy to stick within their budget for birthdays and toys.
If you need help making a vision board, check out my guide: 10 Common Vision Board Mistakes And How to Avoid Them
Have you had the talk yet?