Thrifty-Before you get a Roommate

Living with a roommate can be an amazing experience that you will always remember or a horrible one that you wish never happened.

My first apartment, with my little roomie, Chica.

My first apartment, with my little roomie, Chica.

When I moved out of my moms house, I lived alone with my little doggie for about 7 months, then got a bigger apartment and lived with my best friend, Whitney! 

My wonderful best friend and previous roomie, Whitney. This picture is from my wedding in January, she was my maid of honor.

My wonderful best friend and previous roomie, Whitney. This picture is from my wedding in January, she was my maid of honor.

The biggest conflict between roommates can be the housing expense.  

 

 

 

Before you move in with a roommate you need to have a serious conversation about each others expectations, in living together and dealing with all of the living expenses.

Here are a few tips about how to discuss finances with your soon to be roommate.

  1.  Be honest and upfront about what you can afford. If you are not honest about this in the beginning, one of two things could happen. - One, you end up costing your roommate a load of money, or they cost you money! Or two, you get kicked out of your apartment! Avoid all that drama and just be honest! 

  2. Make a contract about how you will split the rent, bills or living expense. Some things that you should discuss are as simple as, who will be responsible for buying toilet paper, because you don't want to run out of that! 

  3. Decide how the cleaning will be done. Will you share all of those responsibilities or will one person be in charge of loading the dish washer and the other unloading? You have got to talk about it.

We always found free things to do- like free facials in the mall! 

We always found free things to do- like free facials in the mall! 

Now that you have been honest and open with your soon to be roommate and decided who will be responsible for what, I suggest you make an incentives jar or saving system of some sort. 

Every time you and your roommate get paid put a little money in the jar, or maybe at the end of the day put all of your spare change in the jar. Then when it is full, cash that money and use it for a roommates night out, or in, for pizza, depending on how much money it is. FYI, Michigan First Credit Union has great coin machines!

The bottom line is when you are living with a roommate you need to be honest, clear and organized with your finances! Don't expect everything to, "Just work out." Talk about it and write down the plan you come up with.

Best of luck to you and your roommate! If you follow these steps you will be just fine!  

Keeping it Fresh, Young & Free,

Ebeth