If you’re considering moving in with your partner, congratulations! This is a major milestone in your relationship and we’re super happy for you. Before you make the move, and even if you’re in the middle of it now, this post should help you navigate the situation. Here are 7 things to keep in mind when moving in together.
1. Are You Buying or Renting?
If you’re an unmarried couple and one or both of you are buying the home you’re moving into, consider drawing up a living arrangement contract prior to making the big move. Such an agreement should outline how much each of you pays monthly, what that money is used for and what should happen in the event that one or both of you move out should it not be successful. While some people find these sorts of contracts to be similar to a pre-nup and may have a negative view of them, they’re actually for both of your financial protection and peace of mind.