3 Common Financial Mistakes People Make When Moving in Together

By
Jovana N
-

It’s not a secret that money is the most common reason why people get divorced. How’s it possible that so many people don’t discuss this important issue before they get married?‌

They probably didn’t live together as a couple before marriage and didn’t feel the need to. That’s why moving in with your partner is a smart move and these are the 3 most common financial mistakes you should avoid.

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Instagram can make you believe that the lives of others are better than yours, that the relationships of the others are better than yours, that the bodies of the others are better than yours, and that the others are better than you. Don’t believe in it! . From our side, let us make one thing clear to you. Not every day we are happy, not every day we receive flowers, not every day we have romantic dinners, not every day we exchange beautiful phrases of love. We have bad days, both individually and as a couple, just like everyone else. But the message we want to spread is that true Love exists and that we must do so that good days are always the greatest number of days of our lives. That every day is a day to surprise the other. That every day is a day to say I love you. That every day is the day to fight for our dreams. We should never wait for special days or occasions, but we should make every day a special day ✨ . PT: O Instagram pode-te fazer acreditar que a vida dos outros é melhor do que a tua, que as relações dos outros são melhores do que a tua, que o corpo dos outros é melhor do que o teu e até que os outros são melhores do que tu. Mas não acredites nisso! . Da nossa parte, deixa-nos esclarecer-te uma coisa. Nem todos os dias estamos felizes, nem todos os dias recebemos flores, nem todos os dias temos jantares românticos, nem todos os dias trocamos lindas frases de amor. Temos dias maus, tanto individualmente como em casal, igual a todas pessoas. Mas a mensagem que queremos passar é que o Amor verdadeiro existe e que devemos fazer para que os dias bons sejam sempre o maior número dos dias da nossa vida. Que todos os dias são dias de surpreender o outro. Que todos os dias são dias de dizer amo-te. Que todos os dias são dias de lutar pelos nossos sonhos. Nunca devemos esperar por dias especiais, mas devemos fazer de todos os dias um dia especial ✨ . . #profshoes#porto#visitportugal#portugal#portugal_de_sonho#portugal_lovers#couplesgoals#couplequotes#couplelove#instacouple#cutecouple#love#casal#kisskiss#couplegoals#onewayticketrip

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Lack of Communication

You should have an honest money talk and make sure you’re on the same page before making this decision. What will happen when you join your budgets?‌ Will you save or spend? Does either of you have any debt?‌ What about the future, the retirement?‌ Discuss it!

Dividing Expenses

The ideal case scenario says that you’re both working and making approximately the same, so you divide the expenses in half. But what happens if one of you is starting a business? Or one makes significantly more than the other?‌ How will you divide the expenses then?

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Joint Account?

You may be tempted to just put all your money into one account and share it, but this is a risky move. It’s generally better to have a joint account you will use for bills and other shared expenses, but each of you should be able to control the rest of your own money individually.