Picture a newlywed couple, hand in hand, walking into their first home together. Beneath their smiles lies a hidden challenge: balancing their roles and responsibilities as they build both their relationship and their financial future. In the recent article, On the Same Page? Newlyweds’ Agreement About Shared Power Predicting Financial Management Behaviors Through Marital Commitment[1], distinguished scholars suggest that the way a couple navigates their marriage might also predict how they navigate their finances. Many assume that financial behaviors (e.g., paying your bills on time, or saving money from every paycheck) are a central driving force for romantic relationship outcomes.[2] However, research suggests that the ability of couples to maintain balance and commitment may also shape newlywed relationships, with financial behaviors serving as an outcome of these dynamics.

Differences in a relationship don’t always have to be harmful; in fact, at times they may actually be a strengthing factor. The unique qualities each partner brings—whether in opinions, perspectives, or choices—can create opportunities to grow together. As couples learn about their differences, they have the opportunity to discover what makes their partner special and valuable within the relationship.

Our perception of situations often influences how we respond to them. In the article Materialism, Perceived Financial Problems, and Marital Satisfaction, Dr. Luke Dean and colleagues examined how marital satisfaction was influenced by couples’ perceptions of financial issues (e.g., job insecurity, debt, differing priorities, and spending habits), emphasizing how materialism frequently fuels conflicts related to these challenges. They found that couples with strong materialistic values tend to see financial issues as more frequent, even when the intensity of the issues did not differ greatly from those faced by less materialistic couples.[1] The lower frequency of financial issues reported by less materialistic couples likely stems from their prioritization of the relationship over finances. When marriage is highly valued, financial issues are less likely to disrupt marital happiness; however, couples who highly value money and possessions might suffer in their marriage.[2] This begs the question, what do you choose to prioritize, and how do your choices influence your relationship?

The golden glow of the setting sun warms the vibrant petals of lilies and roses of a wedding arbor, under which a couple exchanges heartfelt vows. As they gaze into each other's eyes, they ponder the most romantic thought, “How will we manage our finances together?” They both have full-time jobs, with a shared annual salary of $80,000, but like the average American household, they are likely to be $16,000—or about 20% of their annual income—in debt.[1]

Although newlyweds are often optimistic about their future, their marriages may still face unique challenges.[1] For example, couples must navigate careers,3 family decisions,[2] finances,[3] and much more. So, what makes a marriage truly happy? In a recent study,[4] Matthew Saxey and his team examined how sleep, finances, and sex are related to marital happiness. What they discovered was eye-opening: these elements combine in unique ways to shape marital satisfaction, leading to four distinct relationship profiles—“Flounderers,” “Drowsy Budgeters,” “Financially Challenged Lovers,” and “Flourishers.” The four profiles revealed how these elements interact to shape couples’ relationships:

Serenity glanced over her shoulder as her significant other dragged himself into the kitchen after a long day at work. His face looked tired and emotionless, and she could tell something was wrong. When Serenity gently inquired about his change in demeaner, he hesitated and then revealed the truth—he had lost his job. The job that had supported their comfortable and beautiful lives was gone. Moreover, what they thought was a small bump in the road was about to turn into a mountain of debt and financial struggle. They were about to face the full force of the Great Recession of 2007-2009.[1]

In a recent study,[1] Dr. David Allsop and colleagues investigated factors influencing sexual satisfaction among couples during pregnancy, such as physiological (e.g., physical discomfort,[2] hormonal changes, sleep quality), psychological (e.g., anxiety, depressive symptoms, self-esteem), and social (e.g., relationship quality, support from friends and family, societal expectations) factors. Merely focusing on physiological factors is not enough to fully grasp or address the complexity of the issue. In fact, Allsop’s study revealed the complex and multifaceted nature of sexual satisfaction during pregnancy, emphasizing the importance of considering emotional and relational dynamics between spouses. By addressing a diverse range of influences, we can better support couples in experiencing enriching sexual relationships as they navigate through this transformative phase of life!

In a groundbreaking study, Dr. Brandan Wheeler and his team[1] investigate the interplay between financial distress, relational aggression, and marital quality among married couples in the U.S. after the 2009 Recession. Their findings reveal that relationally aggressive behaviors such as spreading rumors about a partner and withdrawing affection partially explained the impact of financial problems on the couple relationship post-recession. In other words, when some couples are financially stressed they treat each other worse, which then harms their marriage. This discovery underscores the detrimental effects of using harmful conflict tactics (like verbal attacks, silent treatment, and blame-shifting) during economic hardship and, on the other hand, the importance of mutual support and understanding between partners during times of financial strain.

Married life can be a rollercoaster with ups, downs, and unexpected turns along the way. While couples might hope their finances stay stable throughout their marriage, history is full of examples of big, unexpected financial challenges for families across the United States. Instances include the Great Depression in the 1930’s, the Great Recession in 2008, and most recently the COVID-19 pandemic in 2020. Other unexpected changes or disturbances happen to individual families such as the loss of a job, increases in living expenses, or the addition of a new child. The financial wellness of a couple—the level of stress or satisfaction in their financial situation—can be affected with each twist and turn of life.

Gold is the money of kings;[i] he who has the gold makes the rules.[ii] These famous sayings highlight the enduring link between wealth, power, and authority in our society. We only need to glance at the business world, politics, or Hollywood to see the influence money can have in pushing certain agendas and creating change in public spheres. But what about money’s influence in the private sector of our home lives? Does money influence family or couple dynamics, and if so, how? Dr. Ashley LeBaron-Black and colleagues sought to answer these questions through two research articles exploring the associations between couple finances, relational power, and marital satisfaction and stability.[iii],[iv]

About half of emerging adults in the U.S. live with their parents,[1] which highlights the financial challenges they face, such as student loan debt, low income, and high living costs. These challenges significantly impact their financial situations and lifestyles. Notably, financial issues play a crucial role in the success of romantic relationships among emerging adults.

Money troubles can make or break a marriage, and in fact, financial conflict is the number one predictor of divorce—more than any other type of disagreement.[1] Therefore, understanding how couples manage and navigate through financial challenges is especially important. In a compelling study[2] led by Dr. Heather Kelley and her team, they explored the relationship between financial stress and marital quality. The study found that financial stress negatively impacts marital satisfaction. When couples experience certain life events such as marriage, unemployment, or childbirth, they are more prone to financial stress. However, effective communication and maintaining a positive attitude can help mitigate the negative effects financial stress has on marital quality, and can help couples strengthen their relationship.

Finances play a crucial role in adult romantic relationships,[i] and researchers had previously found that financial health and marital health were inter-connected.[ii] In their recent article, Money to Marriage, or Marriage to Money? Examining the Directionality Between Financial Processes and Marital Processes Among Newlywed Couples,[iii] Matthew Saxey, Dr. Ashley LeBaron-Black, and their colleagues examined whether financial processes (such as financial behaviors and financial communication) predicted marital processes (such as marital satisfaction) or whether marital processes predicted financial processes in newlywed U.S. couples. In other words, money to marriage, or marriage to money? Finally, a chicken-and-egg situation we can find out the answer to!

Before getting married, my now husband and I often discussed our financial future. We chose from the start to have “all things in common,” (Acts 2:44)[1] financially that is, by combining our financial resources. That was a difficult and time-consuming decision for us. The reality is that finances are a huge part of any married couple’s relationship yet far too few individuals discuss the details of their financial goals and attitudes before tying the knot.[2] Having these discussions is beneficial because how couples choose to manage their finances from the beginning can have a long-lasting impact on their future marriage.[3], [4], [5]

Dr. Jeff Dew and colleagues’ article entitled Examining the Relationship Between Financial Issues and Divorce found that financial disagreements predicted divorce more strongly than other common types of disagreements (i.e., household tasks or time spent together).[1] This shows that money can be a real issue in relationships and take a serious toll on marriage. Another study explains that most marriages experience “financial conflict, strain, or stress” to one degree or another. Thus, it is important for couples to learn how to deal with these struggles and manage stress related to finances.[2] Dew and colleagues found that calm communication, overall marital satisfaction, and financial equality were important for a marriage to thrive. By cultivating healthy communication, managing expectations, and working as equal partners, couples can successfully navigate financial difficulties and claim joy in their lives together.

In marriage, numerous factors come into play determining power dynamics, or who holds what amount of power in the relationship. From work stress, intimacy, and social lives, there is much to balance within a marriage. Yet, in this complexity, have you ever paused to consider how your financial behaviors as a couple might be affecting your marriage? In this article, we will delve into the often-overlooked connection between financial behaviors and marital dynamics, shedding light on how our financial decisions may shape the delicate balance of power in our relationships, (hopefully) contributing to equal partnership.

As evidenced by numerous research studies, financial distress often negatively impacts relationship satisfaction.[1] Work-family spillover may be one potential reason for this association. Work-family spillover refers to the spillover of work stresses to family life (such as working overtime or bringing work home), as well as the spillover of family stresses to work (such as bringing family issues to work). Toby Driggs, Dr. Ashley LeBaron-Black, and colleagues analyzed how work-family spillover is related to financial distress and relationship satisfaction for newlywed dual-earner couples.[2] They found that although work-family spillover can be harmful to a relationship when paired with financial distress, couples can adjust to overcome this difficulty and come out stronger.

Picture this: Maui, Maldives, or Mexico. You and your spouse are newlyweds basking in the glow of marital bliss. The sun on your skin, the breeze flowing through your hair, the scent of the salty sea air, the sound of your spouse counting your money to prepare the weekly budget—wait what? In their research study, Matthew Saxey, Dr. Ashley LeBaron-Black, and colleagues discovered that the way couples manage their money together could impact their sex lives.[1]