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Ofmove together To get involved, there are many monumental milestones in a relationship that indicates that a couple takes things at the next level. But there is a turning point that is extremely larger than any other: combining finance. Each couple probably feels differently when the opportune moment isfinancially bind each otherBut according to financial experts, there is a key moment when you and your partner should start to consult "your money" as "our money". "The best time to discussJoint finances in a relationship isBefore you move together, "saysfinancial coach Marco Sison. "This joint is when joint expenses become real." Learn more about co-mingle money, and for less optimistic rotation points in CouleupDom, discover which experts sayThe exact point most relationships go wrong.

Sison points out that there are many key issues to answer before doing some kind of financial commitment to someone. "Are expenses divided 50/50, or invoices will be divided accordingly to the ability of the person to be paid? Is money gathered in one account and invoices paid jointly, or each partner pays-T -The his own bills? " he says. "There is no good answer, but the conversation must occurbefore Couples move together. "

If cohabitation is not in your future, there are other markers of the finance combination. "The right moment to consider that" our money "would be when you commit yourself to financial obligations. This can signal a lease on your first apartment, buy a car or even invest in something same," saysTravel and expert money Taima Ramsey. "You do not necessarily need to be married or even cohabiting. It should be triggered once an attached financial responsibility arises."

Most experts agree that levels of pooling your money are levels and these measures can be taken when youmoving together, before, or maybe after, depending on the relationship. For many couples, creating a joint bank account is the first step towards complete finances. It is when couples have a predetermined amount in a shared account for common expenses, whether it's household bills, dinners or rent. But the combination of finances fully means that you throw the majority of your money together in the same pot, leaving very few things designated as "your money" or "their money". Simply put, "Combination of finance is to combine forces and work together towards common goals, "says personal financial expertBrie Sodano. "A common account is a way to store and spend common money."

When you pay for livelihoods, it may feel like the obvious choice of having a single common account to shoot, but the combination of finance too early could make things messy. "I think the household spending division is right when couples live together, but it's not the time to open common bank accounts," saidwealth advisor Lakesha Williams. "Many people do not know that the opening of a mixed bank account makes you vulnerable to the other person's debts."

Williams says that couples should only be joined accounts after their deep commitment and have had open discussions on their individual and collective financial goals and have examined the credit of each. But even if all that verifies, it adds that it is healthy to maintain financial independence at any time.

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Financial coach Heather AlbrechtContact that it is important to protect yourself when you combine money. "Nobody likes to think of afinal relationshipBut when it is not a legal agreement of wedding-aka, then the lines can be much bigger as to which is the real owner of what, "explains the explanation.

That is whyFinancial Analyst JasonBelieves that "a couple should think of the combination of finance when it has a law recognizable by law." "If the parties concerned are not recognized as married partners, the law might not [be able to] intervene", if necessary, Jason emphasizes.

But what happens if you decide to combine finances before making it official with the law? "Make sure each person is appointed on joint accounts and have a written agreement on how you have decided to share these funds - which puts in place how or percentage and what it can be used", declares Albrecht. "The clearer you are, the better you will be able to browse amicably money disputes."

So if you decide to join the financial forces when you start to coexist, 20 years in the meeting, or somewhere between the two, be aware that the change guarantees an important conversation to clarify all the critical aspects of the sharing of money. . And to see how you can improve your relationship right now, check Do this alone can strengthen your relationship, the study says .