Can a couple with very different money situations move in together and have a thriving relationship? Rachel and Ty have been together for two years, but Rachel says she wants to have more financial independence prior to moving in together.
Ty has a six-figure income with $70k in savings but Rachel feels like she’s not contributing enough and would have to take a job she hates to “catch up” to her boyfriend. She often feels like she isn’t “contributing her fair share” when they go out to eat. While Ty enjoys treating her, Rachel would like to have more control over her finances.
Financial Planner, Misty suggests they create a joint budget for expenses if they move in together. She challenges Rachel to make extra income by making money in fun ways—like dog walking or doing something online—and to start saving this extra income. She suggests Ty start looking into investing his savings to make his money work for him. Can they work out these differences and come together to finally be able to move in together? Watch the full episode on Heartbroke to find out. This episode is brought to you by Experian.
Whether you just started dating or you've been married for decades, budgeting as a couple could save you from financial headaches and set you up for future successes. Here’s how to budget as a couple.
Can a couple with very different money situations move in together and have a thrivi...