About to make a big decision? Learn how to work together with big financial changes to reduce the stress and tension with these transitions. Certified Financial Planner Hannah Moore from Guiding Wealth shares her stories and tips on what to expect.
How to Talk to Your Spouse When Making a Big Decision
If you are thinking on a major decision and you’re a bit nervous about getting started I have four steps to make this process easier.
Discuss the Why
Begin with understanding and discussion the core reason for this decision. Why do you want to make this change? Why make this change now? How is this transition bringing you closer towards your shared goals?
Come Up with a Plan Together
Compromise and communication are essential if you’re going to build a plan that works for both of you. Go over your plan to make sure it address any concerns you or your spouse has. You may not agree on every point, but the plan should respect your viewpoints.
Have Regular Check-Ins
Set aside some time each week to keep on one another in the loop. Things can change quickly, so it pays to be on top of them before they get out of hand.
You can also use this time to encourage one another. Change can be intimidating and overwhelming. Listen to one another carefully.
Just because you two have a plan, doesn’t mean it’s over. Significant changes take time so make sure you devote some of it to one another.
If you two are planning a major change soon or are in the middle of one now, please check out these resources:
- Why It’s Hard to Talk About Money in Marriage
- How to Leave the Personal Finance Tempest for Calmer Waters
- Staying Together During a Money Crisis
- Getting Out of Debt and Finding Financial Peace
- Surviving (and Thriving from) a Layoff
- Baby on the Way? How to Save Quickly and Easily
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