Moving in together: the do’s and don’ts.

Sara Stokes

Moving in with your significant other is a big step, which brings lots of joy and excitement. But it can also be overwhelming and make you unsure of your relationship if you don’t take certain precautions when you’re making such a big leap — and sharing the same four walls for the foreseeable future.

There’s always a natural adjustment period that comes with moving in with your partner and here are some do’s and don’ts that every couple should take into account to ease the process:

Do Talk About Finances

You’re not married, but discussing finances is still important. How will you divide the household bills? How often will you go out? What amenities do you want to own, and what can you afford together? Does one person prefer or expect to take care of the other financially? Even if you are both very independent, developing a household budget ensures that you are both on the same financial page.

That means:

1.Understand your cash flow together. Does your significant other make more money than you do? Is it then reasonable that this person would shoulder more of the rent, while you cover the utilities? Split your financial obligations wisely and fairly.

2.Tell your partner about your financial past. Who has college debt? Who has unpaid medical bills and crazy credit card expenses? Tell your partner about how you spend and save money.

3.Look up your credit score, and make sure your partner knows theirs. You don’t want your financial past to catch up with you later, especially when another person is involved.


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August 2016