The Financial Rules of Cohabitation

http://www.foxbusiness.com/personal-finance/2013/04/25/financial-rules-cohabitation/

 

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Moving in with a significant other is a big step: both emotionally and financially.
While experts say couples living together should have the same discussions about living arrangements as married couples, they advise unmarried individuals co-habiting take extra financial protections.
Before moving in together, couples should determine if they have shared lifestyles, calculate a budget and agree on who pays from what expenses, says Anna Behnam, an advisor for Ameriprise Financial. Leave emotion out of the decision-making process. “Have a black and white discussion for how you’re going to manage your assets and expenses.”

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