working out the kinks - financial question

luvbug00 wrote: So in order for this living together thing to work i want to avoid the money issue as much as possible. I don't care if we write a contract or what but there has been some debate as to how to split the costs. what is your idea of fair? or appropriate?? any advice or comments appricated.

Boo&BugsMom replied: I say 50/50 is the only fair way.

amymom replied: I said split even with slight adjustments for income. Also some allocation should be made for chores etc. There is value in the housework getting done. So many things have to come into play and it shouldn't be so cut and dry when it is a relationship and not just a roommate situation. That is why IMO marriage should be the first step, but I won't preach!

Congrats, I know this makes you happy!

Calimama replied: I voted 50/50!

hoosier momma replied: I think if this is a very serious relationship then it should be all together. If you love each other that much, why treat each other like roommates? You should want to help each other out. JMHO of course.

lisar replied: I say if you are living together then all the money comes into play. But thats up to you. All the money goes into one account the bills get paid and the rest is for both of you or savings. Thats just my opnion on it though. Me and my dh done it that way before we were married also.

cameragirl21 replied:
totally agree.

mummy2girls replied: well because you are just moving in and i dont remembver how long you have been together so far is to go 50/50. and gradually change it to fit you guys afterwards...keep seperate bank accounts and everything

Cece00 replied: Until you are ready to be married, I say split it with adjustment for incomes.

redchief replied: I believe all income should be pooled for bill paying, too, but I voted that financial responsibility should be split according to income. I know 50/50 sounds fairest in the long run, but some participants may simply not have the income ability as others in a home sharing relationship. If we were talking a bachelor pad or something like that, then definitely 50/50 plus your personal interests should be applied. But if the home share is by responsible people with a mind toward making a permanent commitment then the ability to earn must be taken into account.

C&K*s Mommie replied: according to income, is what I would say. But as long as they are paid.

MoonMama replied: 50/50

luvmykids replied: I think you should take into account how you'd ideally like it to be if/when you're married and start that way right off the bat. That way you get the kinks out now instead of dealing with it now and again once you marry.