Facts You Didn’t Know About Premarital Cohabitation
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You will need to live together someday
If building wealth is a priority, you may be interested to know that married couples, in general, make more money than couples who live together but never marry. But perhaps you can avoid that curse if you communicate and strategize. Matthews says that “Learning to share responsibilities, work through financial challenges, and develop a routine and structure” can be some benefits of cohabitation. Naturally, money will come up a lot when you live with someone. Suddenly conversations about utility bills and Internet/cable bundles become decisions you must make together. Not all couples are comfortable discussing finances, so it’s good to get used to it sooner rather than later. We go over how to normalize financial talks here.
