Moving in with your partner is a pretty big deal. It?s a major step in a couple?s relationship and in many cases, it serves as a ?trial run? for married life. During this time, you?ll learn a lot about your partner, from their grossest habits to their favorite song to sing in the shower. But most importantly (if you want to keep the household running), you?re going to learn about their money.
Most folks know that when you share a living space with someone, it?s essential to know at least a little about where their money is coming from. They need to know when everyone gets paid and how much money they have to contribute, so you can divvy up costs in a reasonable way. But when it comes to someone you love?people tend to get a little sloppy with the financial decisions. Here are five major money mistakes couples make when they move in together, and what to do about them. 1. Not Talking About Money

When you?re in love, you feel invincible. You and your partner can conquer the world?all you need is each other and the love you share! While this is a beautiful sentiment, it?s also the kind of thinking that leads to reckless decision-making?like moving in together without discussing finances at all.
Before you decide to move in with someone, you need to have a rough idea of their money situation. Do they have bad credit" That can make finding a place to rent difficult. Are they heavily in debt" That can affect their ability to contribute to household expenses. These lit...