Approach your partner with empathy and ask: “What is your hope for spending this money?” Or “What is your fear around cutting this item?” when communicating around differences, any requests should be specific. So rather than saying, “We need to save more,” instead say, “Let’s find ways to save $200 extra dollars each month.” And try to use “I statements” when possible, such as: “I am uncomfortable with how much we pay for entertainment subscriptions and wonder if we can cut there.”

What are you saving for? What do you need to cover with a limited budget? Write that down. Then think about potential cuts — but try to maintain the things that bring you joy.

Ask yourself: “What can I cut that won’t negatively affect my mental health?” Dr. McCoy said. “I think people tend to restrict too harshly.”

–Money Talk