It can be exciting, moving in together or buying your first shared home, but with that comes bills, and somehow you’ve got to hash out how you pay them in a way that works for both parties, ideally without causing tension.
“Money is so emotional, but you have to be incredibly practical,” says Vix Leyton, consumer expert at thinkmoney. “The key thing is to be honest about your financial situation. It’s not a sexy, fun conversation for couples to have, but ultimately, you need to know what each person is earning, what each person can afford, and also their attitude to things like savings and their credit rating.”
