How Can I Convince Them to Save More Money?

I see this question a lot:

“How can I convince my spouse/kids/parents/friends to save more money?”

Here are my thoughts on this subject…

Convincing Your Kids

When it comes to your kids, do all the convincing you want. In fact, you should be making your kids handle their money properly. Be heavy-handed and knowledgeable about where every dollar goes.

When it comes to your kids, do all the convincing you want.

In fact, you should be making your kids handle their money properly. Be heavy-handed and knowledgeable about where every dollar goes.

They are your responsibility until they are 18, so stay on top of things there.

At the same time, you want your kids to learn to make decisions and face the consequences of those decisions. Therefore, if we’re talking about “extra money“, let them take the reigns and be there to explain things to them when things go bad.

Don’t bail them out.

More importantly, show them how you’re saving. Open up the banking account details and show them your emergency fund.

Show them your retirement accounts.

If they see you preparing for the future (they certainly aren’t going to get this message from American Idol), they will believe in the concept more and see it as an option for their extra funds.

Convincing a Spouse

When we’re talking spouses, it gets a bit more tricky. You can’t force another adult to do something. If they want to act like an idiot, they will.

However, if that person took a vow to marry someone then they should be open to working towards the same financial goals as their spouse.

Obviously two people aren’t going to see eye to eye on every issue (especially when it comes to marriage and money), but you should work towards a middle ground and respect each other’s goals.

If your spouse isn’t doing that, then try to open up a dialog about finding middle ground. If you can’t, then seek financial marriage counseling.

The Zealous Often Break Boundaries

For everyone else in your life, you pretty much need to stay hands off. No convincing should be done. Encouragement when the window of opportunity is there? Yes. But convincing? No.

When you’re on a journey to improve yourself, whether for the spiritual, financial, or physical, it’s not uncommon to become a zealot somewhere along the way. You know what I’m talking about.

Let’s say you’ve seen some progress with your efforts. All of a sudden you’re an expert on the subject, right? It usually comes with good intentions (hey, I want everyone to experience this), but we often unleash our passion on the lives of others. I’m no stranger to this zeal and the boundary-breaking results.

It’s simply not your responsibility to convince others to save more. You are over-stepping healthy boundaries when you do that.

Unless it’s your kids or spouse, stay away from the topic. Let others make their own mistakes, and wait for an open door to provide encouragement. Be careful not to pounce like a lion with your encouraging though.

With that, I want to hear from you: how do you encourage others in your life to save more?

Join 36,000 subscribers improving their financial life.

Subscribe for free. Get my book (31 Days to Improve Your Financial Life), intro series, and article digest.

Powered by ConvertKit
Last Edited: July 24, 2017 @ 2:31 pmThe content of is for general information purposes only and does not constitute professional advice. Visitors to should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.
About Philip Taylor

Philip Taylor, aka “PT”, is a CPA, financial writer, podcaster, FinCon Founder, husband, and father of three. He created PT Money back in 2007 to share his thoughts on money and to meet others passionate about managing their finances. All the content on this blog is original, and created or edited by PT. Read more about Philip Taylor, and be sure to connect with him on Twitter, Facebook, or Google+. Listen to the new podcast, Masters of Money!


  1. 20 and Engaged says:

    I tried to convince my husband to save, and he just didn’t get it, so I started saving myself in an account he had no access to. His idea of saving was $20, that he’d eventually put back in checking. I was putting away $200 at a time, money he undoubtedly would’ve found a not-good-enough excuse to spend. It’s frustrating. Sometimes you just have to do it on your own.

  2. Passion untamed is but a devil unleashed. As you said the need for temperance never really goes away. It is said how we can love a responsible financial lifestyle and yet through our overzealous proselytizing destroy what little chance we had of making converts. But yet, such is life and all we can do is learn and grow right?

  3. Kathryn C says:

    I have *so* many friends who say “will you help me with my finances” and I say yes of course….and then guess what, they never follow up to talk about it. It kills me, but like you, I let it go because that’s not my job with my friends. Plus, I like my friends and if they start to feel like I’m going to lecture them when I see them, they will probably ditch me as a friend then I’ll have no friends, and that would suck.

  4. My wife doesn’t really have a problem with saving money, but I was interested in what you would say about the kids. We’ve talked a lot about how to help our kids understand the value of properly using and saving their money. What we’ve consistently tried to do is show consequences for better or worse of how they choose to do this.