Combining households is the perfect time to speak with a financial advisor. Two people spend less on combined housing than they did as individuals living separately. Once you’ve decided it’s time to take that next big step of co-habitation, it’s the perfect time to sit down and refigure finances. It can also be a great time to bring a third party into your financial situation to discuss equitable division of expenses and expected financial contributions of each party to the living expenses. You may also choose to redirect saved expense toward common goals, such as more travel, a future home purchase, a wedding. Don’t make the mistake of going from paying two electric bills, two rent bills, two cable bills, down to one and not capture those savings in a meaningful way! Contact us today to learn more about how financial planning can contribute to a more comfortable new living arrangement.