Financial advice for couples moving in together
by David Weliver
Just as with any roommate, you and your partner should agree how much each person will contribute to the monthly bills.
Will you split everything 50/50, or will the partner earning more pay a larger share? Will you pool money in a joint account to pay the bills or simply pay certain bills from each of your individual accounts?
Decide who owns the real estate
Renting is no problem, but cohabitation can get complicated if you or your partner owns the home.
So think carefully about taking on debt with somebody if you're not married. Remember that if you break up and your ex stops paying the loan, you’re responsible for the entire balance (even if, for example, he or she still has the car!).
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