Moving in with your partner?! Congratulations! Other than not stepping on each other’s toes when you first move in together, the most important thing to focus on is money. No matter how much you love your partner and trust them, you always have to be smart about your bank account and credit. Here are three things to lookout for —
Talk about money
Know how much you both can afford with it comes to rent and INCLUDE the expenses for utilities. Can you afford cable or will you only have enough for internet and stick to Netflix? Make sure that you both know what kind of prices you can handle and figure out if you should split the cost, or if someone is able to pay a little more. Get it in writing.
Keep your finances separate
A joint account may seem like the smart thing to do – BUT if heaven forbid you break up, that is one more thing to deal with. Keep your finances separate – or – get a joint account that is solely used for bills. You can each deposit the set amount that is owed each month without the hassle.
Put both of your names on the lease
Again, if you guys were to break up, it is better to have both names on the lease rather than one. You don’t want to leave the payments up to your partner if you are to move out – and vice versa. If it doesn’t work out, you’re both able go to the landlord and figure out next steps.
Moving in with your significant other can be exciting – and also really scary. Here are some tips to help maneuver through the transition and also keep your relationship healthy —
1. Ask the person moving in, “How can we make this space more yours?”
You want to make sure that it feels like a shared space and not one person has all of the say. That may make one of you feel as if you don’t belong in your own home.
2. Split the bills up accordingly.
Decide (before you move in) what you each are able to afford. Are one of you willing to pay a little more than the other person because you make more? These are things to figure out before signing the lease and/or getting cable when you might want to just go with WIFI for the smaller bill.
3. Figure out your schedules.
Know how to keep the house balanced. Whoever gets home first can tidy up or start dinner. If you want up first water the plants and feed the dog. Make sure that you are splitting whatever chores according to your schedules.
4. Have a housewarming.
Make this official! Have a housewarming party and let your friends and family join in on the celebration of you and your partner getting your own place and taking a HUGE step in your relationship. This also gets FREE food to your house if you do a potluck.
5. Give each other space
As much as you love each other, everyone needs some alone time. Carve out some times in the day or week to give each other some space – Distance makes the heart grow fonder!
Good luck and happy moving! Remember, EVERYONE gets stressed while moving, but the best part is – you’re getting to call this new space “home” with the person you love – or at least really like and would like to live with.