Money mistakes that ruin relationships
Living with someone is a great way to get ahead financially, as you'll only have one mortgage or rent payment, and set of household bills.
But merging money doesn't always end well, and making money mistakes can end up driving a wedge in your relationship.
According to April Lewis-Parker of the Consumer Credit Counselling Service, the number one cause of divorce is money. She says: "If there's anything that's not matched up, or you have a great difference, that might play a big role, and you have to look out for secrecy."
Secrecy
Secrecy is one of the major money mistakes that couples make - spending money behind your partners back is never going to end well. The solution is to combine cash to pay household bills but keep a separate stash and do what you want with it. This way you still have the ability to spend your money on what you want, but you don't have to keep it secret.
Budget
Not having a budget is another common mistake with couples when it comes to dealing with money. The best way to create a budget is to start with a joint goal and then make a plan to get their together. Don't forget to include all monthly bills and rent.
Wills
Not having a will can cause major problems, if you were to die you should know what money should go where and to whom. Everyone should have a will and talking about it openly with your partner may even help you discuss other money issues that you hadn't thought of before.
Savings and investments
Not talking about how you plan to save and invest your money can also cause problems. If one of you is a gambler and the other more conservative, don't ignore your differences - create a compromise instead.
Talking
The more you talk honestly about money, the less problems you'll have. Don't be afraid to discuss your money with you partner, and make sure you're both making time to speak about it on a regular basis.
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