Being in relationship can be great but it can also be crazy on your finances. It means double the costs on a lot of things like utility bills, insurance, and gas just to say the least. Although some of the bills can be shared such as the rent, it can still be very expensive. It can also be very expensive when you are not in sync with the finances. My boyfriend and I used to be very out of sync with a lot of things regarding money.
It wasn’t too long ago that we were very much apart on finances. We spent money on frivolous things like eating out several times a week among other things. We didn’t have very much money as we both had jobs that didn’t pay a lot. We were also charging things on our credit cards because we wanted to have things even though we didn’t have the money. Needless to say, it caused quite a few arguments. It came to the point where its was affecting our relationship. We each had a different way of handling the situation and we had to come to a compromise. Our compromise was creating a budget that involved trimming unnecessary costs. We had to work together as a team and start cooking almost exclusively at home. This meant cutting the unhealthy fast food and really sitting down and thinking out what was most needed in the relationship. Believe me, it was not a fun experience at first but its amazing what you can get used to after a while. I really stopped shopping for the most part and my boyfriend made an effort to stop spending money on tools (which he loves!)
I wish I could tell you that collaborating on the finances is easy but the truth is it takes work like everything else. You really have to come together as a team to do it. I have known people who were in a relationship that were frequently sabotaging each other. One person would do his/her best to save as much cash as possible while the other person did his/her best in trying to spend it all. I can only imagine how that turns out. I guess my boyfriend and I are lucky in the fact that we are open to make some sacrifices for the greater good. Most people know people break up because of money. Taking the time to make sure the finances are in order can save you some major heart ache down the line.
If you haven’t stopped to talk about your partner about finances, I urge you to do so now. No one wants to be holding the bag at the end of the day wondering what happened. Having those talks now may be uncomfortable but they will ultimately be necessary should you decide to stay together.