If you’re with someone for a long time, money is bound to exchange hands, back and forth. When you live with someone, you’re splitting rent, utility bills, cable, and the Internet. You may have a pet together, and rotate picking up food and toys for him. You spend so much time together that, you just stop keeping track of who paid for what. When you reach that level of closeness, where it feels like his money is yours and yours is his, it’s quite possible that you may end up loaning your partner some money. If he loses his job, struggles to find a new one for a long time, and you happen to have a lot of savings, you’d probably rather just give him some money than have him take out a loan that will cost him interest. It’s a kind and decent thing to do. But, lending your partner money can change things a bit. Here is how to behave (and not behave) after lending your partner money.
Set some terms
You may not want to set up terms because it feels too official, but actually having clear terms can help you both relax more. Make some agreement that he’ll pay you back…in a year…when he gets his first paycheck…when he puts aside $5,000 in savings of his own. Whatever it is, make some agreement so neither of you feels like the expectation is unclear.