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Published byDawg Housed Modified over 6 years ago
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Top 5 Tips for Splitting Your Expenses with Your Partner
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Balance on spending money with your partner is a necessary part of your relationship. Finances should be the main priority, especially at the beginning of the relationship. Here are the top 5 rules for splitting expenses with your partner.
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Keep Everything Separate: If you are an unmarried couple then you need to keep your expenses separate to run your relationship smoothly. 1
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Use the tactic “whoever earns the most, pays the most”: If your partner is earning more than you then you can ask him to pay more. Ask your partner to support you. 2
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Don’t Share Assets: The assets include cars, property, furniture, and funds in bank accounts. If you are getting married, avoid sharing them from the start. 3
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Keep Backup Plans: Always keep backup plans for the unexpected happenings like illness, job loss to run your daily life without and financial stress. 4
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Avoid Sharing Your Loans or Debts: Similar to assets, avoid sharing your loans or debts with your partner. Be positive that if the worst happened, you'd still be able to cover the necessary costs. 5
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Source: https://www.dawghoused.com/5-rules-splitting-costs-partner/
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