And, if you have to separate, the financial organization of the couple helps a lot
A couple that plans together, thrives together. When I talk about it, I include not only the financial part, but also self-care, relationship care, and even domestic obligations. After all, a relationship is one of constant negotiation based on commitment and lots of talking.
In this article, the example is aimed at a couple, but the content also applies to those who live with the family.
Life together is made up of agreements. When each side knows what to give and what to get, the chances of conflict decrease. There’s no life without problems, but I’m on the team that does everything possible to avoid them by aligning expectations well.
To help you maintain an assertive dialogue with your partner about the couple’s finances, I’ve separated a few tips. Let’s go to them:
Golden tip: the deal is not expensive
Have you been engaged for some time and have you decided to live together? Make a contract even if it’s a drawer. Search the internet for a model contract, edit this document, putting on paper all the terms you deem essential for a successful partnership. Trust me, the deal isn’t expensive. If both parties have read, agreed and signed the terms, this contract can be a guide when things go wrong, as well as proof if you need it.
Choose an organizational tool that works for you
A home is like a small business, with departments that need to work in harmony. When it comes to couples, the ideal is that this organization takes place together, sharing responsibilities equally.
For example: if one of the people takes on all the mental load of the house which involves planning, executing and evaluating all the processes, it is clear that he will be overloaded and will feel misunderstood, after all the other will never know all the steps that involve a simple monthly purchase on the market.
Spreadsheet, notebook, application, whatsapp group, to-do list on the fridge door… The important thing is to use these tools and not let the conversations pile up. Learn about fixed and variable expenses and talk about them. The “let life take me” pattern only works on Zeca’s song; in real life it usually doesn’t end well.
The division of expenses should not be equal, but proportional
The division should not be done half and half, but proportional to the earnings of each. Add up all the expenses and then add up the couple’s earnings to figure out each other’s share of the whole.
Example: If the household income is BRL 5,000.00 in total, but Person A earns BRL 2,000.00 and Person B earns BRL 3,000.00. So, A will pay 40% of the total value of the bills, while B will pay 60% of that total.
Mine, yours, ours
Create a free digital account just to manage “home” money. In this account you will deposit your part of the contribution every month and your partner will deposit his part. And it is from this account that payments for common expenses and household expenses will come out: rent, utility bills, food, repairs, etc.
In addition to keeping personal and family money separate, it’s important to have one place to send all of your deposit and payment proofs so that you both can keep track of how your family’s finances are doing. Here at home I have created a whatsapp group called “couple finances” which works really well.
The tips I’ve put here are the basics of the basics. If you want to live well with someone else, I consider them all indispensable. In case it’s too difficult to put all this into practice with the moving tram, I strongly suggest you get help from a financial organization consultancy company to put everything right. Once you have this north, you can continue on your own.
Source: Terra
Ben Stock is a lifestyle journalist and author at Gossipify. He writes about topics such as health, wellness, travel, food and home decor. He provides practical advice and inspiration to improve well-being, keeps readers up to date with latest lifestyle news and trends, known for his engaging writing style, in-depth analysis and unique perspectives.
