moving in together for the first-time?

🏡 Moving in together for the first time as a couple? Here are 3 financial tips to make the transition smoother:

1. Expense Arrangements: Start with an open conversation about how expenses will be paid. Remember, splitting costs 50-50 may not always be fair. Consider income levels and contributions to make it equitable. And if you're renting, make sure everyone's on the lease to share responsibilities and rights.

2. Financial Chores: Treat financial management like a chore on your to-do list. Discuss budgeting, bill payments, and debt management regularly. Have "money dates" to talk about financial goals and anxieties. Communication is key to understanding each other's spending patterns and aspirations.

3. Gradual Combining: Don't rush into combining finances. Instead, start with a joint account for shared bills, with both partners contributing monthly. Keeping some financial independence can be a smart choice early on. Take this time to understand each other's financial history and behaviors.
Remember, moving in together is a test run for your relationship. Open communication and planning can help build a strong financial foundation for your future together.

https://www.cnbc.com/2023/09/16/3-financial-tips-for-couples-moving-in-together-for-the-first-time.html