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How Do You Share House Expenses With A Roommate?

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How Do You Share House Expenses With A Roommate?

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Sharing expenses with a roommate is one of the best ways for singles to save money. Splitting the cost of rent and utilities is smart budgeting, and can help you afford a nicer place in a safer neighborhood. Sharing expenses can be tricky, however, because many people assume decisions and rules can be made after the boxes are unpacked. Money has been known to split up even the best of friends, so taking some time to talk before moving in can save you from a lot of problems down the road. Decide before moving in together what expenses will be divided. Write a list of all costs associated with the apartment or house of choice. Do you want the expenses split 50/50? Do you want one person to take care of the electric bill, and another the water or gas bill? Discussing this beforehand can prevent arguments and hard feelings later. Determine how to budget food costs. Will you each buy your own food, shop together, or just share whatever the other purchases? Do you want guests to help themsel

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