BLOG

BLOG

BLOG

Living Together: Financial Burden Or Blessing?

couples finance Feb 01, 2021

What do you need to think about before moving in together? Have this conversation WITH your partner.

The transition into living together/marriage can be such an easy one financially if you work on this before-hand. Personally, I don’t think you should live with someone if you are not comfortable enough to talk about finances.

Let’s talk about 10 things you need to do…

  1. Know the cost of everything before moving in together, because both people have to be cool with it. What are your priorities? Talk about this before you move in to be sure you’re on the same page. Also, decide how you are splitting everything. Will it be 50-50? 70-30? Agree on this to avoid arguments down the road.
  2. Put both names on everything.
  3. Decide who is paying what… whose card is being charged? Whose name is on that card? The partner of the payer also needs to have a due date – the date by which he/she pays the person whose card is being charged. No more “hey, can you...
Continue Reading...
Close

LOVE THIS THEME?

ENTER FOR THE OPPORTUNITY
TO WIN A FREE THEME!