Wondering if its a good move to rent with your significant other? It’s one of those big decisions that good make or break a relationship. And even more so could ruin your credit or financially in the long run. Well this article shared below explains some questions asked when wanting to rent with you significant other and how it could work. Read more below…

It’s no longer frowned upon to move in together with a boyfriend or girlfriend before tying the knot. And, married couples aren’t necessarily ready to buy a home the day after their wedding. So whether you’re dating, engaged or recently married, you might consider renting an apartment with your significant other. While not as serious of a financial investment as a home purchase, signing a lease with someone deserves ample consideration, especially for two people who may not be able to continue residing together if or when things go south.

If you’re considering moving in with a significant other, first ask yourself the following questions.

Do the financials make sense?

When you’re ready to move in together, determine the total rent budget of both you and your partner using a rent affordability calculator. Assuming you each rented 1-bedroom apartments in the past, you could combine both of your past budgets, cut a few hundred bucks, and rent a much nicer 1-bedroom unit in a prime location. Since you’ll likely be sharing a room, it’s financially beneficial to save some cash to later dedicate toward a future rental or down payment on a home purchase.

Do you share similar interior tastes?

If your partner prefers ultra-modern, Scandinavian-style interiors, and you’re more of a classic, old-world Architecture fan, finding the perfect apartment might be difficult. However, there are plenty of ways to accommodate both tastes in one unit. If you manage to find a more modern apartment in your price range, opt for luxe, antique furnishings to offset the contemporary vibe of the surroundings. Alternatively, if the both of you settle on an older unit with classic finishings, sleek furnishings lighten up rooms and help keep both parties happy when it comes to the style of the home. Mixing interior styles is referred to as eclectic design, and is a simple way to achieve balance in a home while appealing to a wide variety of tastes.

Do you work in nearby neighborhoods?

Location is key, even while renting. No one wants to worry about sitting in traffic or dealing with lackluster public transit systems – especially with colder temperatures rapidly approaching. Unless you’re lucky enough to live in a city where trains and buses are consistent, timely and accessible, find an apartment equidistant from both you and your partners workplace. If he/she works from home, let him or her choose a favorite coffee shop or food spot for frequent mid-day meetings or lunch breaks.

How long have you been together?

Moving in together after a few months of knowing each other, no matter how much it makes sense on a financial level, is probably not the best idea. Get to know each other first, and give your relationship a chance to succeed. Living together is a big step, and you don’t want to risk moving too fast for the sake of saving money. It’s not like meeting a roommate on Craigslist – you won’t be able to shut your door, complain to your friends over coffee and move on with your day. Once problems arise, you’ll be looking at moving out, breaking the lease and divvying up the furniture. It might even cost you more in the long run, depending how long you end up living together. Why add unnecessary stress to both your lives? If you’re looking to save money, consider a convertible or studio apartment for the short-term until you and your new relationship are ready for the next step. If you are ready to move in, keep the other persons interests in mind to make all decisions fair.