Simple Trick to Convince Your Spouse to Save Money

convince your spouse to save money marriage money saving tips how to convince your partner to save money easy way to save money simple trick to save money with your spouse save money with your partner convince your husband to save money convince your wife to save money save money to save marriage

One of the main reasons for divorce is the mismatch of attitudes toward money. And most of the time, a household argument starts on a financial issue. Sometimes having a chat with your better half can solve many issues. But sometimes table talk fails, and the disagreement gets more heated. So in this article, we are going to show a simple trick with which you can convince your spouse to save money.

Bachelor life gives us the uncontrolled freedom we want, and post marriage, the ‘uncontrolled’ part of that freedom tends to go away. But in a few cases, the scenario might reverse totally.

A lot of us, who belonged to a middle-class families had a humble childhood. So from the very beginning, saving money and living a frugal life was ingrained in our brains. We conducted ourselves in such a way that unnecessary spending was limited. But sometimes, life has a different plan for us.

Getting associated with a person for life, who does not share the same principle or values regarding money and spending, can turn disastrous. Financial issues are one of the biggest marriage killers.

If the couple cannot agree, then none of them will be happy with the mental stress, that arguments bring. And in the worst-case scenario – the union might break.

So, having a calm and composed discussion with your partner should always be your priority.

YOLO is For Kids and Not Adults!

The “You Only Live Once” attitude will make you look cool only in your college years, but not when you are a full-grown adult.

Having an idea about the future and preparing for any uncertain times that may happen, will not only secure your future, but you will also have a sound sleep, knowing that you have a cushion to fall back on.

We have heard it multiple times that “money cannot buy happiness”, but it provided a nice cushion to the people who lost their job during the 2020 Pandemic, but had at least 6 months of daily expenses saved.

The only way they could have saved at least 6 months of expense was not by earning more, but by spending less.

If you and your spouse don’t have control over your spending habits then tough times are waiting for you in the future.

You need to make your partner understand, why you need to save for a rainy day, and the comfort it brings in knowing that you will not be homeless once the regular paycheque stops coming.

Ok, that was a lot of information about how financial issues are the main cause of separation. Now let us talk about how you and your spouse can avoid financial disaster.

Easy Way to Convince Your Spouse to Save Money

convince your spouse to save money marriage money saving tips how to convince your partner to save money easy way to save money simple trick to save money with your spouse save money with your partner convince your husband to save money convince your wife to save money save money to save marriage

Save for Something Your Partner Want

If all talks fail, then you could try this method.

Ask your partner to save towards his/her short term goal. It might be the latest flagship smartphone, a laptop or a watch, or it might be as noble as feeding and medicating the stray dogs in your society. It could be anything.

But the price shouldn’t be a colossal amount. If the amount is too big, then it might become intimidating from the very beginning.

Open a High-Interest Saving Account like the Kotak 811 Saving Account, and move over some amount from the paycheque the moment it gets credited to his/her account.

Indusind Bank also offers a High-Interest Saving Account known as Industox 3 in 1 Account. If you want a Upstox Demat Account along with a High-Interest Saving Account, you might consider it. We have talked about it in detail in this article.

As the saying goes, “Out of Sight – Out of Mind“.

If both of you follow the principle of “Spend Whatever is Left After You have Saved”, then achieving any financial goal will not be a problem for you. And if you think, that you or your partner will spend the saved amount at the end of the month, then we will suggest, you open a recurring deposit within a High-Interest Saving Account. A recurring deposit will save the money from your spending hands and will also fetch you a higher interest on your saved money.

At first, it might help if you chip in too. When your partner will see that you are contributing to a cause that is close to him/her, he/she will have no other choice but to contribute his/her part.

Start Small

If you have a monthly income of Rs. 50,000/-, then a goal like 5 Lakh Rupees might feel intimidating at first.

Start with a small goal, if you or your partner have never saved money with a goal in mind.

The ideal target should be saving at least 20 – 25% of your monthly income. But if you can start with just 10%. Save at least 10% of your monthly income. And set such a goal amount, that you will be able to achieve it within 3 to 4 months of starting.

This exercise will build confidence within your partner, and it will also create the momentum to save towards a larger goal.

We went in deep, discussing about this exercise in this article. Do give it a read.


Saving money is more about the mindset and less about the maths. You need to help your spouse build up the mentality to save money. It will not happen, overnight, it will take time.

You have to be persistent if both of you want to succeed in saving money. It might feel like you will never be able to make your spouse understand the importance of saving money, but if you are determined, then you will succeed one day, for sure.

If your spouse is reluctant to save money, then choose a goal that is close to him/her. Start with a small goal amount first, a big goal amount might intimidate both of you and it will cause you to stop saving in the middle

When you are just starting, move at least 10% of your monthly income to a High-Interest Saving Account the moment it gets credited. And try not to spend the saving as your monthly expense.

We hope we were able to provide an answer to your question of how you can convince your spouse to save money. If this article was helpful kindly provide us with an Upvote by pressing the button below.

And if you have any questions or queries, do let us know in the comments, we will definitely try to answer them.

And in the end, we will say – Good Luck and Happy Saving! 😊

Disclaimer: The views, investment tips, presumptions, and calculations expressed on are not of the website or its management. This article is for Educational Purposes only. advises users to check with certified experts before making any financial decisions.

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Written by Sayantan Chakraborty

I have been investing in the Indian stock market for more than 11 years. I have invested in the Indian Stock Market via Mutual Funds, ETFs, and Direct Stocks. I have seen multiple markets cycle, and from my experience, all I can say is persistence is the key to success in the Indian Stock Market as an investor.
I also love reading financial books and company results and reports.
You can ask me anything on Twitter by clicking on the button below.


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