Personal Finance Tips for Those Couples Who Live Together

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BY ANDREA MURAD

Moving in with your partner is as much about creating a home together as it is about working towards shared financial goals. Before taking this big relationship step, couples need to discuss how they’ll manage their finances together.
“Think with your brain and not with your heart,” says Randy Kessler, founding partner of Kessler & Solomiany in Atlanta. “It’s easier to prevent problems than to escape them. Hesitate and don’t rush in, but think and consider the worse case scenario and what happens if anything goes wrong. Love makes you do things you don’t always think through.”
Married or not, finances are one of the top reasons couples break up. Talking about budgets and shared financial goals on a regular basis can reduce the conflict and tension that money causes.

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