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Solving Financial Differences In A Relationship

How to handle financial differences in your relationship
How to handle financial differences in your relationship
If you and your beau have recently started living together, chances are you're moving into a more serious phase in your relationship. Things change once people start to live together, including how the bills are paid. If one person makes more money than the other, how do you handle the situation?

This is a problem that many couples run into at some point in their relationships. However, there are a couple of ways that you can address the problem. First, determine the exact difference in income. Are you making $100 more than your beau or $1000 extra? You're going to have to get over the fact that it might be uncomfortable to discuss your income. When your responsibilities begin to merge, you'll need a game plan.

Next, see if there is a way that you can split your finances evenly in order to take care of the bills. To make it easier, create a system where one person pays for electric, for example, while the other handles heating. This also helps you avoid having to combine bank accounts.

You can also come up with a joint budget to be sure one of you won't be coming up short. If you agree to split the costs and end up not being able to pull your own weight, your partner is guaranteed to get fed up--fast.

Instead of splitting rent or mortgage evenly, consider basing the amount on a percentage related to income. So if one of you makes 10% more than the other, it's logical for that person to pay 10% more for living expenses. 

If you're still having financial trouble in your relationship, don't hesitate to speak to a love psychic. Psychic readings are a great way to receive insight into your romantic life and can even help you strengthen your relationship.
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