If you are in a long-term, committed relationship, you have many of the same financial concerns as married couples. However, you lack many of the legal protections and advantages that married couples enjoy. Here are some tips that can help you and your partner stay on the road to financial security.
Talk about Your Finances
One of the first financial decisions you’ll have to make as an unmarried couple is whether you should handle your finances separately or together. Being open and honest about each other’s financial values, priorities, and goals will help you and your partner avoid the arguments about money that plague most couples, married or unmarried.