Five Money Rules Before You Move in Together

As if making the decision weren´t stress enough, you should still need to protect yourself in case it didn´t workout.

Rule # 1: Talk about Money

Communication is rule number 1 if you want a relationship to work. Make a date to talk about money and financial issues. You should share your financial habits, your spending and saving and you attitude towards money.

You need to discuss how much each one can pay in the house, such as rent, groceries, etc. If both of you bring home the same money, you should split 50-50, but this should be discuss every time, a major change occur, like a promotion, been out of work, going back to school etc.

Remember the key is to be honest and discuss everything before moving in together.

Rule # 2 keep your finances separate

You should keep your accounts separate. You should never join your investment account, and never apply for a credit together, one wrong move of your partner and you will be damage for a lifetime. Also if you break up you should only be left with a broken heart not with your account empty.

Rule # 3 Put your arragement in writing

This rule is not for couples who will live together also for roomates. This little piece of paper will help to keep your arragement from becoming a nightmare. Just remember when you write the things down you protect yourself.

Rule # 4 Keep major purchases separate and documented

You should keep track of all major purchases. The best way is to keep this purchases separate.

Rule # 5 Be smart about housing

You should never buy a house together unless you are sure your relationship will last. If you own a house and you will move in with your boyfriend or girlfriend, don´t sell your place is better to rent it, in case your relationship won´t last.

This rules seem cold when you are in love but remember sometimes relationships do not work out and you need to protect yourself, so you will not have any problems. When you finish a relationship you don´t even wnat to talk to your ex, so think before you do any major change in your life.