It seems more difficult to say than to put into action. It takes maturity, unconditional love, devotion, communication, and most of all, TRUST, to place your economic well-being into the hands of another person, especially if you are used to holding it down by yourself, or if you have never had to worry about bills, mortgage, daycare, and other household expenses.
Before you decide to make your household a unified front and share your economics, regardless of who is working, who makes more, etc. there are some questions that you should really sit down and build on together so that you can best decide what method of economic cohabitation would work for your household:
- Will you share one bank account or have seperate accounts? Will you just open a joint account strictly to pay bills from? How will you agree on what can be withdrawn from any joint account?
- How will we financially contribute to our household finance? Will we each put in the same amount of money, or a percentage of our pay? If only one person is working, how will the other person contribute to help cut back on finances? (providing childcare, etc)
- How will bills be paid each month?? (split them all 50/50, one person pays rent/mortgage and the other pays the other bills, or...?)
- What will be our limits on non-household expenses such as entertainment, travel, clothing purchases, etc.?
So, when it comes to "taking care of home...," what are your ideas of peacefully being able to have successful economic cohabitation with your significant other, friend, roommate, or family member?
Queen Victorious Lanasia Earth