Funny, if you had rented a room to a co-worker and charged her rent and utilities, no one would care. If Jacob had decided to find a roommate and get his own space, he would be paying the same, or probably more nowadays. If you guys end up getting married, it would be a different situation. You guys talked it out and agreed on the terms. If people don't like it, they don't have to do it themselves, it's a free country. BTW, she owns the house, and pays for any/all repairs and deals with the renter in the other unit. 💕
Funny, if they get married why the hell would that change anything. 🤔 You mean a marriage would magically change the dynamic of their relationship. Nope, she wears the balls in the relationship and he is fine with that. Women dream about this, and she has it.
You go girl. Don't see a problem with this at all. Also I am SO sick of women tearing down other women who are financially successful. Lol at the one suggestion to buy the home with your BF, that is literally the WORST ADVICE ever
One thing about Sarah and that keeps me subscriber to her for the past 5 years is that she is smart and knows what she is doing. This video is so important and teaches healthy boundaries.
When our children were in college and still living at home, we did not charge them rent. Once they graduated and got a job, we charged rent. What we did and they didn’t know was we saved half of their rent, so when they moved out on their, they had a nice savings.
That's what my mom & best friends parents did! Because of that, we were both able to purchase our 1st property in our 20's! Now that I'm a new mum, I'll be doing the same with my children!!
I own the family home, it was mine from my first marriage/divorce. I paid my ex husband out. I asked my current husband if he wanted to 'buy in', he declined. So he pays $400 per week household contribution. That covers food, utilities, takeaway, and rent. He doesn't have to pay for any of the repairs or improvements to the house. He just has his set amount.. once the mortgage is paid off (18 months I hope), he will still pay this amount. We have an investment property together which my equity secured but that we both pay for. There is a pre nup on the family home. If we divorced, he gets the investment property and nothing else. I protect my assets for the sake of my children. If there's no divorce, no problems. He will inherit a 1/4 of the estate. I get 1/4 of his life insurance if he passes before me. Communication is key.
This video made me sad at first because you shouldn't have to explain to anyone why your boyfriend pays rent. That someone would ask the question shows just how far we still have to go in society in adjusting our attitudes about money and relationships. I think you handled this beautifully, especially eliminating from your channel someone who would make such a hateful statement about being lucky to have a boyfriend. Ugh! Keep doing what you're doing and showing the rest of us how a sharp, successful woman with her head on straight can live, love and thrive in 2022.
I cannot believe the horrible comments on TH-cam. Keep doing you. My wife is a spender and I am an investor. She gets mad when I find free options. I have a million in real estate assets, because I invest. Do not let others influence your future with Jacob.
You both made the right decisions on how to handle your financial responsibilities. You’ve done it in a thoughtful and mature manner and that’s all that matters. ❤️ My husband and I shared expenses before and after we married, however, we didn’t communicate well, nor discuss large purchases, like we should have and it has caused many problems over the years. Things are better now, but I wish we’d handled things like the two of you have. Our relationship would have weathered hard times a lot easier if we’d done so. We’ve been married nearly 38 years now and I can tell you, communication is the key to a good relationship. Blessings to you both❣️🎉🎉
Honestly, you didn’t have to share. It’s your business. Love your transparency, you are truly authentic. Those comments were just jealous people judging you. Keep soaring like the 🦅. Kudos to you and TFS ❤️
I charge my husband rent, he is retired and I am work full time, he gives me monthly rent I pay from my bank account. And he does not have an issue with this concept. And p.s. I am fat too, so I guess I am a bad ass bish too.😄😁😁😁🤣🤣🤣
What do people want you to do, have Jacob live free at the house? How in the world is that fair to anyone? The way you communicate with each other is to be applauded!
Our youngest was quite speedy. He wanted to move out when he was about 20 with little savings, and in school. Luckily, his older brother - the saver and budgeter, told him he could move into his and his wife's basement, if he would pay him $100 a month and cook food for him as he was a chef in the making (this was 20 years ago). He gave him a food budget to purchase groceries for the household of three. The rental was for about five years. It Worked! The spender became thrifty and frugal and was able to begin saviing. The former spender then met and is married to a great thrifty mate and they all have lived happily ever after! I believe one of the key indicators of a marriage that should never happen or one that will soon be ending, is the inability to be honest about money items (or anything for that matter). So happy for you and Jacob. This is a great video that shows an adult relationship with both partners living as equals.
The reason you can “charge” him rent is because you have a mature relationship, I feel you both are contributing to your life!! I applaud you and Jacob for being role-models for these young people. Hopefully young men watching this will realize as they’re starting out, they too should be charging their partner rent. It’s “fair” to have an equal contribution to the relationship future. I think it also sets the tone and helps us understand what kind of person we’re devoting our life to….
I charged my partner rent for the first two years we were together. When we decided our relationship was for keeps, I ceased charging him rent and he started contributing directly to household costs and my mortgage. Eventually he invested in my house, i.e. he paid off my mortgage. We have since moved house and now own a more expensive property (50/50 rather than jointly). We've always been incredibly open and honest about money (something I learned was essential after being completely in the dark in my marriage - my ex-husband really took me to the cleaners), Three years ago (after twelve years together), we opened a joint bank account, while still keeping our own accounts. Our incomes fluctuate but nowadays he is the main breadwinner. There's nothing wrong with starting on your joint financial journey slowly ... and charging rent!!
This is so important and no one talks about it. Thank you for being so candid about it. I’m single now but in past relationships I found that I was taken advantage of and paid for everything because I didn’t know how to talk about it and stand up for myself.
Sarah you’re an amazing Budgeter and entrepreneur. Don’t listen to the negativity and I’m glad you’re doing so well. I’ve been watching your journey since the beginning and you’re incredibly inspiring.
I like this video, for a lot of reasons. You give sound advice and suggestions for anyone who might be in a similar position. When I met my husband, he was in debt. He had no personal financial sense about anything. We moved in together - he paid the rent and I paid the other expenses that came up - it was really about a 50/50 split, and I was okay with that. Well, the day of reckoning came for him one Saturday morning...we were just getting ready to leave on a camping trip when the phone rang and it was the landlord saying the rent check bounced. Up until that point, he really didn't listen to my advice on finances, but he finally woke up and smelled the coffee. We took care of the rent, and then over the course of our camping trip I had some very frank discussions with him about our finances. The biggest thing was that he'd become open to listening. I didn't go all "Bitch on Wheels" about it, just had realistic frank discussions. That's when he decided that we should pool our resources and work together. While I have always mainly handled our finances, he understands where his limitations are...when he should check in with me before making bigger purchases, etc. Sure, there was a level of trust on my part there...but it worked for us which is the important thing. He's learned a lot over the years and we can have much deeper conversations about all sorts of finance issues now, than we could before. This is the biggest reason why, a day back in 2010 was alarming for me when I logged into our joint accounts and saw that not only our checking account was empty, so was our savings.....and most of a line of credit we had was used. The bank insisted that my husband was the one wiring gigantic amounts of money to a bank in New York. I *knew* it wasn't him. Turns out the bank was scammed with the help of three employees. We weren't the only ones who'd had our accounts completely drained. There were a lot of red flags in the situation that were ignored by the people working on the inside - that was their job in the scam...to okay the transactions without proper procedures being followed. It was really a very trying time. The bank at first thought we were the scammers and threatened us with arrest and prosecution. We were told we'd have to pay the line of credit back, we were told we'd get none of our other money back. But, their internal insurance investigation department looked into it and found that we hadn't participated in the scam at all....they found the culprits and deemed that we should be made whole again, and we were. So, while were without money - no way to cash a check - credit cards cancelled, etc. we had to find a way to keep the household going. We'd had a small account at another local bank. I explained to the manager our situation and he took a chance on us and helped us keep food on the table, the ability to pay our mortgage and other bills, etc. We were very relieved when it was all over and could go on as we'd done before. However, we did have extra steps added to the security of our accounts to ensure (hopefully) it can never happen again.
When I got married 22 yrs ago it was just common practice for you to share everything - I was still studying and my husband was working, and then we started a family so more expenses. We were renting for the first few years and then we bought a house. I stayed home to look after the family as it was the cheapest option rather than pay child care fee's and I took care of other things to make sure we were being frugal were possible Now in our 40's we are debt free and mortgage paid. We both have a small spending allowance each but all of our money goes into the one joint account and we have never had any issues. We just didn't know any better.
I love that the bottom line is that you have to think through it and communicate with each other. My husband and I have been married almost 18 years and we had to practice at it to get to a good place. Neither of us were good with money when we got married and we're now in a really good place with shared values and good systems for making sure that everyone's needs are met and we move forward on shared goals.
You are totally smart and correct with the way you are handling the situation. It is very smart and mature to talk things out and put it in a lease, given that you are single at this time. It protects you both. Everyone has to pay to live somewhere. Why would someone want you to have a man who doesn’t contribute? If you get married, you will renegotiate as appropriate. There are countless people who are fighting and in court b/c they didn’t define how things should go. It’s a very thoughtful move.
Sarah I am so sorry that you have had to put up with people putting their nose in your business! Especially the haters who are calling you names and insulting you. I think you are a beautiful, very intelligent young lady who has her life together. Please know that there are a lot of us who are learning from you and really does appreciate your honesty and help.
So glad you are both leveled headed about the rent. I totally agree with you Sarah. Who gets to live rent free? That'd be so unfair to you. Money isn't ruled by love. Money is about fairness, common sense and understanding of monthly expenses. Many couples are not together on the money thing. And boy oh boy the problems that will cause. You and your boyfriend are a good match.
Financially speaking; he is definitely benefiting from the shacking up living arrangement . He would definitely pay a lot more anywhere else. Some landlords that rent out rooms in their place don’t allow renters to even use laundry, living or kitchen areas.
Trust, communication, love is most important. Your financial affairs with your boyfriend is your business, no one has the right to judge anyone, what you both agree to is the most important thing!
I admire you for having a frank and open conversation with your partner. The last couple people I have been involved with struggled with money. One didn't have debt so much as they struggled with planning for frugal. My current partner had debt, but understood the concept of planning and frugality. I paid them rent. We restructured their debt and I still paid rent. We only commingled when we sold their home and bought one together. No one pays "rent" as there has been no mortgage or debt since that time. I do manage their paycheck, retirement, and "our" bills and saving because I haven't worked for a few years. They have a talent at their job, I have a talent for frugal. It works and we can talk about any aspect of it.
This year I will have been married 36 years. For the first 28 years we combined our money into a single account and we were always living on the edge financially. My husband is a spender and I am a saver. No matter how hard I tried to save, he would find a way to spend it if it was available to him. I opened my own checking account and savings account (at a separate institution). I deposit what I need to pay bills in the checking and a small amount into savings to FINALLY (remember I said 28 years with no savings) build an emergency fund. He is still a spender, but he is limited to his much smaller salary to spend I pay almost all of the expenses. Before you ask, I have made peace after years of anger over this issue and now we do not even fight about it any more.
Simple, he has choices, he doesn't have to live with you (but he does). You own the mortgage and house hack, I see no problem. SOunds like you are giving him a break because what he pays is probably cheaper than any place he can get on his own.
Thank you for sharing your story on how you and Jacob came to a mature understanding on a lot of diffocult issues. Most married couples would have great difficulty disscussing these issues. Let alone reaching an agreement. I'm a bit surprised to find out Jacob is still on a "different level" as you put it. I think you do a great job of putting action behind everything you share.
The perception is that your not paying anything after the initial purchase yet you charge your boyfriend. You’ve “payed” with your down payment, sacrifice, planning, among other things. In the end we all want everyone to be happy, find the middle of the road and compromise with each other is key. Win-win : )
Kudos to you for touching on this subject! Open honest lines of communication about everything especially money is what make a relationship work! Loved this video so much!!!
Your level of transparency on this topic is A+! Also, just with your discussion on this topic * especially with the discussion of how you are both in different places with your financial journey, kinda seems like a reverse of Graham Stephen and Macy. Thank you for all you teach us about handling finances!!
The people who said the crap about you charging your bf rent are very naive and some very rude. After my 1st marriage I decided I wouldn't even consider dating a girl who needed me in any way. They had to have a job, a car, and their own house before I would even talk to them. That might sound harsh, but I was a recently divorced father, of a 5 yr old. I couldn't afford to raise someone else. I wouldn't settle and I found a woman, my current wife, who became my partner and not baggage. Love listening to you.
💗 That's awesome for you and Jacob. Connunication is number 1 in a relationship. My husband and I didn't have the same money values (I was the spender) but somehow we made our living expenses work. After marrying, we agreed I'd handle the housing expenses such as heat, electricity, groceries and he would handle mortgage, insurances, and so on. Our rule of thumb is if we want to purchase something over $200 we must consult with each other.
This video made me think of a couple of videos I’d like to see (if they interest you): 1. A video on what you collect and how you organize papers for income taxes. When investing, understanding taxes is your best friend. I love doing it. It’s like a big puzzle to learn the ways to pay what you owe… but not a penny more. Maybe one with your accountant to answer some questions if he or she is willing?? You could ask us to post our questions ahead of time too. 2. A video on your leases. Details in a good lease will prevent all kinds of problems and misunderstandings. Where did you learn what to put into your lease? Do you accept pets? Why or why not? Thanks for the great videos!
Of course he pays rent! I’m shocked that you have to explain this and that some people chose to give you grief over it. Seriously. Lol. What boyfriend or girlfriend for that matter, wouldn’t expect to pay rent? And you are giving him a great deal. It’s super cheap rent!
It’s wild to me that people think your boyfriend shouldn’t pay rent. I’m glad you made this video, but also think it’s ridiculous that you should have to explain yourself.
When I first met my husband he wanted me to pay half of the mortgage. I did not think that was equitable. If I was going to pay half, since he had just purchased the house, I wanted an even share so we refinanced the house. When we officially got married, it was not legal when we met, we combined everything immediately. The melding of both as one unit only serves to make the relationship feel more stable. We no longer look at who earns the most, we have shared goals and we use our income to achieve them. My opinion is that when you aren’t married you handle money the way you described. Soon as you get married, you should combine and start pulling in the same direction as one.
I love how you were and are able to figure things out this way and how you can talk about it without emotions. It is so important to talk calmly about all things money related. What I don't totally understand is why Jacob would become a co-owner of the house if you got married. What would happen in case of divorce? Not that I think that you would get divorced, it is just a question which arose, when I watched your video. As always I loved your explanations and I have learned a lot from you, even though I can not incorporate every advice since I live in Germany (there is no 401 etc). Btw I think you are truly beautiful inside and out! Have a great day, Inga
You are a rolemodel! Love that you communicate so well with Jacob about money. I’m handling the money in my marriage and my husband is really happy about it! His coworkers find it strange when he gets a monthly money update and just a little spending money out of his pretty high salary 😆
I think this is a good setup for you both. I moved in with my boyfriend a year ago, he owns his home with no mortgage. He does not want to charge me rent as he’s very well off so I pay extra on groceries, help pay the house upgrades, do more of the housework and outside jobs etc. I’m not taking it for-granted though! I’ll have my car paid off in 8 weeks, 2 years early and will be busting my butt to save up for our future. We plan on building a larger house down the road and with that we will be sharing those costs. I’m so grateful for the opportunity to live rent free so I can get out of debt and contribute to our future.
That sounds like a fair split for your situation, but more importantly you two are good with it and helping each other succeed! Many happy returns to you both!
What a mature response to the haters! I am so proud of you! I know, I know, internet stranger proud of you.... But, I have children your age and I feel as proud of you as my own kids. It is great to see a member of the next generation succeeding so well!😻💖
Why shouldn’t he contribute financially? People are crazy to think you shouldn’t be very clear about this in your relationship! They’re the ones who are going to be footing the bulk of the financial weight in their relationship and feeling nothing but resentment because of differing financial priorities. AND you’re not married. Not that it should change when you get married, maybe it will maybe it won’t, but I wouldn’t even consider it before then. Good for you for being very clear about your expectations and continuing to work toward your goals!
Every adult must contribute his or her fair share to the household. It speaks VOLUMES about anyone who doesn’t agree or understand this. Same for the prenup. Everything you said makes perfect sense.
We got together when I was 16 and he 20 and started living together when I was 18 and he 22. We both came into the relationship with nothing and built everything up together. Our finances are completely combined which keeps us both focused on our financial goals. I really like how we’ve gone about this. He got me through college debt free and I got him to not spend everything he earned lol. I can image it being a lot harder when someone enters the relationship with more than the other or having financial obligations like children from a previous relationship. Personal finance is really… personal when it comes to managing money as a couple, what works best for one, doesn’t work for the other couple
All of the mean people must not of been or heard of horrible break ups with finances involved. My mom has a coworker who had a live-in boyfriend for 10+ years and when they broke up he ended up being entitled to half retirement and had to give him money to move out of her house because they were considered in a common law marriage. He didn't own the house and there was nothing in writing like a lease for him to live there. You are being very smart and I would of never thought to make a lease for a live-in boyfriend. You take all the risk for the property if something goes wrong.
I'm always mind boggled at how people are so bothered by this. It's the most fair option! Y'all are expecting too little if you think charging your boyfriend rent is too much. Lift your expectations people! This is how women can get trapped in potentially financially abusive situations.
Because of this smart decision, you will both always respect each other. If it was for free, slowly the respect would swindle away. I say that from experience.. like you said you will start to feel taken advantage of and the other person will start to feel like less of a man and feel like he’s being mothered and just not equal at all. In the worst case the other person would feel like it is owed to them to live for free. I’m learning so much from you ❤️ love your videos. Been watching and learning for years and years!
I totally agree, if you don't talk about money with your significant other, you can really ruin your relationship. My husband and I try to talk about money all the time.
You are so smart, I love how you worked it out.Much better than😄 young women buying homes with their boyfriends because I have seen it end badly way too many times. Those mean comments though....glad you have a sense of humor, it was funny. Laugh all the way to the bank BG. Gloria
People can be so judgy, it's incredible how often you have had to address this - I suppose for you to respond to these people with 'mind your own business' is a little harsh :-) The most shocking part of this video for me is that you and Jacob have been together 5 years, I started watching you before the two of you were together which means I have been watching you for 5 years, wth!! I remember you took yourself out to a restaurant to celebrate (I forget what it was at the time, maybe a promotion, paying off your debt, not sure) but you went to a restaurant on your own and I was so impressed. To think that was over five years ago, wow!! Love your content, I haven't needed budget advice - I got hooked watching you pay down your debt (which was quite a debt for the salary you were making), and I just never stopped watching. The nicest part of the this video - when you said 'I'm a lucky girl' , very sweet.
Good for you! You have taken the risk by buying the property. It’s yours. He needs to pay for his own expenses. He would probably have to pay more if he was on his own. Plus you mention that he has different money priorities. I owned my own homes before I got married and I never put his name on any of my financial accounts. It made it very easy when we got a divorce. He had terrible credit and financial problems. Those problems never became my problems.
Thank you for being so open as usual Sarah. Sorry about the negative comments, as others said women should be empowering and celebrating each other not tearing each other down! What stands out to me is that even if one person in the relationship had all money in the world the other would likely feel inferior and possibly even trapped. This way like you say your partner makes a fair contribution and you both have the ability to end the relationship if things were to ever go wrong. It’s so important for both parties to have the means and financial stability to be able to leave if things unfortunately ended. You don’t want someone staying with you because they have no other choice and you don’t want to feel Like you can’t end it with someone because they have no other options or resources! Really respect both of you for your honesty and maturity and for sharing your experience with all of us!!
plus,if he pays rent,and you have a written,legal document of this,if for whatever reason,things go south,you're protected.if Jacob lived rent free and things for whatever reason didn't work out,he could legally claim squatter rights.and make life pure hell. not that he would,but it's always wise to think of this when cohabitating
As long as you two are okay with it, that's all that matters. If he were renting in my area, half the rent of a 2BR apt would be $900 and up, so he's getting a really good deal.
5yrs already! Crazy! I dont know why ppl have issues with you charging him rent, it makes sense. I did with my now husband when he moved in when we were dating.... Oh bright side we paid off my husbands tool debt this week!!!
I am such a huge believer in finding a system that works for you, and I love your system. I purchased my home by myself 3 years ago even though my fiance of 7 years has lived with me for nearly 6 years at this point. Currently I'm the "bread winner" while he's a full time student, and he does not pay a dime for the house because quite frankly he doesn't need to, and his job is to get through college and get a good paying job so I can live my dream of going to vet school in the future. It bothers me exactly zero that he doesn't have a "job". His non-monetary contributions to our home and farm is absolutely invaluable to me and we would not have the lifestyle that we do if he was holding down a job as well as school. It took us a while to get over his deeply rooted need to be the provider of the home, but ultimately we found a system that works perfectly for us even if most people Will never understand.
Well spoken, well done! Maturity rules. Am impressed, as always. 🥰 And I sure hope you have built enough teflon so that all those negative and mean comments just slide off you. Am appalled by these comments. So rude, so so rude.
Thank you so much for this video. I share your views but my boyfriend definitely does not. It’s so important to talk about it and understand each other’s values and perspectives.
Mine is good in one sense. He just cares about getting his lunch money for work, I handle all the budgeting. Bad because he would have no idea what to do if we split or I passed. Also, when anything unexpected comes up, it's on me to figure out how to budget it in
In Australia if you live with your partner for more than 6 months you are considered their common law spouse and you're as entitled to each other's property as a married couple are. Bit of a nightmare situation if you ask me!
As my husband and I were in a unmarried relationship I payed my share of rent. Now we bought a flat together and I pay % of my salary. Because he had a few raises and I stayed the same.
Great for you. You are hard working, consistent and smart woman. I wish more women managed their money and their love life like you. Those haters, just bless them, they need prayer and common sense, which as we know, isn't all that common. Keep it up
When I lived with a female roommate after college, we split everything down the middle. When my boyfriend and I moved in together, we split everything down the middle. When we got married and bought a house, we split everything down the middle. On what planet do your critics think your roommate (in this case your boyfriend) would not have to pay his half? If you had purchased the house together, he would be paying half of the mortgage! It just so happens that you bought it by yourself, so he pays his fair share as rent to you, his landlord. Makes perfect sense and people who criticize you are obviously just jealous of you. 🙄
Those people who shared the mean tweets are probably the same people who are going to be left holding the bag if and when the relationship they are in fails because they didn't have the financial talk. I am not in the position to have the talk yet ,thank God.
I love this video- if more people were as mature as the two of you, there wouldn’t be such issues between couples concerning finances. I have learned so much from you videos and I’m excited to always see what you’re up to next ❤️
What you discuss in this video makes sense if I were in this situation I wouldn't feel used on either side. He should not live for free it costs money to run the property and if you do get married then yes he will be a partial owner of the home anyway. I don't see anything wrong with what you are doing. You have to do what makes sense and you have to have some protection since you all are not married at this time. Great video.
You are a lucky girl, Sarah, but you're also smart and hard working. I'd say that contributes the most to your success! I never really thought about your financial situation with Jacob. I felt sure you and he had approached and settled on an arrangement in a fair and reasonable way. I still enjoyed your break-down here. I had a friend once who became a roommate. She was in college and had almost no money. We calculated our respective rents based on percentages of income. We divided household chores about 50/50. She liked to cook and I didn't. She didn't like to do kitchen clean up, and I didn't mind. So we calculated the cost of meals she would cook for me and subtracted that from her rent. Then we calculated the amount of time I would spend cleaning up the kitchen (which was very little because I was fast back then) and subtracted the cost of that from my rent. Then we recalculated rents based on that new info. She ended up paying less rent and I paid more. I could afford it. That worked really well. Another time, I became the roommate of a friend. I had no income and less than $1000 to my name. She allowed me to live rent free and I was to do the cleaning and laundry. It was a very clean condo and I like doing laundry...I know, go figure... It was very kind of her to let me live rent free, but it bothered me because I didn't feel like I was contributing. It made me feel like less of a person and put this really awkward twist into our friendship. I wanted to pay something, even if it was only $25--$50 a month, but she wouldn't hear of it. I felt really bad. So glad to hear from you again. I've been with you from the start and so enjoy listening to you and watching you grow and learn to figure out financial problems and goals. I congratulate you on your creativity and grit in building wealth! You're a true inspiration to so many. Love you, girl! ❤
It’s a shame amazing women have to justify their decisions to some internet users. I’ve seen it on other non-money related channels. Stay strong and assertive and looking fabulous too. You do you 😘
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This is such a mature approach to finance when you're not married. No partner should expect a free-ride.
yes common sense!
Funny, if you had rented a room to a co-worker and charged her rent and utilities, no one would care. If Jacob had decided to find a roommate and get his own space, he would be paying the same, or probably more nowadays. If you guys end up getting married, it would be a different situation. You guys talked it out and agreed on the terms. If people don't like it, they don't have to do it themselves, it's a free country. BTW, she owns the house, and pays for any/all repairs and deals with the renter in the other unit. 💕
Facts
Funny, if they get married why the hell would that change anything. 🤔 You mean a marriage would magically change the dynamic of their relationship.
Nope, she wears the balls in the relationship and he is fine with that. Women dream about this, and she has it.
@@jamesway Exactly!
You go girl. Don't see a problem with this at all. Also I am SO sick of women tearing down other women who are financially successful. Lol at the one suggestion to buy the home with your BF, that is literally the WORST ADVICE ever
I agree, I wouldn't put anyone's name on my house.
One thing about Sarah and that keeps me subscriber to her for the past 5 years is that she is smart and knows what she is doing. This video is so important and teaches healthy boundaries.
When our children were in college and still living at home, we did not charge them rent. Once they graduated and got a job, we charged rent. What we did and they didn’t know was we saved half of their rent, so when they moved out on their, they had a nice savings.
That's what my mom & best friends parents did! Because of that, we were both able to purchase our 1st property in our 20's! Now that I'm a new mum, I'll be doing the same with my children!!
I own the family home, it was mine from my first marriage/divorce. I paid my ex husband out. I asked my current husband if he wanted to 'buy in', he declined. So he pays $400 per week household contribution. That covers food, utilities, takeaway, and rent. He doesn't have to pay for any of the repairs or improvements to the house. He just has his set amount.. once the mortgage is paid off (18 months I hope), he will still pay this amount. We have an investment property together which my equity secured but that we both pay for. There is a pre nup on the family home. If we divorced, he gets the investment property and nothing else. I protect my assets for the sake of my children. If there's no divorce, no problems. He will inherit a 1/4 of the estate. I get 1/4 of his life insurance if he passes before me. Communication is key.
This video made me sad at first because you shouldn't have to explain to anyone why your boyfriend pays rent. That someone would ask the question shows just how far we still have to go in society in adjusting our attitudes about money and relationships. I think you handled this beautifully, especially eliminating from your channel someone who would make such a hateful statement about being lucky to have a boyfriend. Ugh! Keep doing what you're doing and showing the rest of us how a sharp, successful woman with her head on straight can live, love and thrive in 2022.
GO GIRL! The comments you shared are really mean, but you shared them so hilariously. Cheers, Carolena
There are NO free rides.
You have a very mature relationship to be able to openly discuss and agree upon financial matters.
I cannot believe the horrible comments on TH-cam. Keep doing you. My wife is a spender and I am an investor. She gets mad when I find free options. I have a million in real estate assets, because I invest. Do not let others influence your future with Jacob.
Regardless of title: boyfriend, fiancé or husband, or vice versa, each grown up contributes to the shared household.
I am a 68 year old woman and I love your channel. You are so wise and You and your boyfriend seem like such a wonderful couple.
thank you!
How bright way you have handled the "issue", and yes, it will prevent and secure both patties. Brilliant
You both made the right decisions on how to handle your financial responsibilities. You’ve done it in a thoughtful and mature manner and that’s all that matters. ❤️
My husband and I shared expenses before and after we married, however, we didn’t communicate well, nor discuss large purchases, like we should have and it has caused many problems over the years.
Things are better now, but I wish we’d handled things like the two of you have. Our relationship would have weathered hard times a lot easier if we’d done so.
We’ve been married nearly 38 years now and I can tell you, communication is the key to a good relationship.
Blessings to you both❣️🎉🎉
Honestly, you didn’t have to share. It’s your business. Love your transparency, you are truly authentic. Those comments were just jealous people judging you. Keep soaring like the 🦅. Kudos to you and TFS ❤️
I charge my husband rent, he is retired and I am work full time, he gives me monthly rent I pay from my bank account. And he does not have an issue with this concept. And p.s. I am fat too, so I guess I am a bad ass bish too.😄😁😁😁🤣🤣🤣
What do people want you to do, have Jacob live free at the house? How in the world is that fair to anyone? The way you communicate with each other is to be applauded!
Our youngest was quite speedy. He wanted to move out when he was about 20 with little savings, and in school. Luckily, his older brother - the saver and budgeter, told him he could move into his and his wife's basement, if he would pay him $100 a month and cook food for him as he was a chef in the making (this was 20 years ago). He gave him a food budget to purchase groceries for the household of three. The rental was for about five years. It Worked! The spender became thrifty and frugal and was able to begin saviing. The former spender then met and is married to a great thrifty mate and they all have lived happily ever after!
I believe one of the key indicators of a marriage that should never happen or one that will soon be ending, is the inability to be honest about money items (or anything for that matter).
So happy for you and Jacob. This is a great video that shows an adult relationship with both partners living as equals.
I love how you have it worked out and it really seems like a win-win all around.
The reason you can “charge” him rent is because you have a mature relationship, I feel you both are contributing to your life!!
I applaud you and Jacob for being role-models for these young people.
Hopefully young men watching this will realize as they’re starting out, they too should be charging their partner rent.
It’s “fair” to have an equal contribution to the relationship future.
I think it also sets the tone and helps us understand what kind of person we’re devoting our life to….
I charged my partner rent for the first two years we were together. When we decided our relationship was for keeps, I ceased charging him rent and he started contributing directly to household costs and my mortgage. Eventually he invested in my house, i.e. he paid off my mortgage. We have since moved house and now own a more expensive property (50/50 rather than jointly). We've always been incredibly open and honest about money (something I learned was essential after being completely in the dark in my marriage - my ex-husband really took me to the cleaners), Three years ago (after twelve years together), we opened a joint bank account, while still keeping our own accounts. Our incomes fluctuate but nowadays he is the main breadwinner. There's nothing wrong with starting on your joint financial journey slowly ... and charging rent!!
This was such a great video. The communication and maturity in your relationship is admirable and you're such a good role model.
This is so important and no one talks about it. Thank you for being so candid about it. I’m single now but in past relationships I found that I was taken advantage of and paid for everything because I didn’t know how to talk about it and stand up for myself.
Sarah you’re an amazing Budgeter and entrepreneur. Don’t listen to the negativity and I’m glad you’re doing so well. I’ve been watching your journey since the beginning and you’re incredibly inspiring.
I like this video, for a lot of reasons. You give sound advice and suggestions for anyone who might be in a similar position. When I met my husband, he was in debt. He had no personal financial sense about anything. We moved in together - he paid the rent and I paid the other expenses that came up - it was really about a 50/50 split, and I was okay with that. Well, the day of reckoning came for him one Saturday morning...we were just getting ready to leave on a camping trip when the phone rang and it was the landlord saying the rent check bounced. Up until that point, he really didn't listen to my advice on finances, but he finally woke up and smelled the coffee. We took care of the rent, and then over the course of our camping trip I had some very frank discussions with him about our finances. The biggest thing was that he'd become open to listening. I didn't go all "Bitch on Wheels" about it, just had realistic frank discussions. That's when he decided that we should pool our resources and work together. While I have always mainly handled our finances, he understands where his limitations are...when he should check in with me before making bigger purchases, etc. Sure, there was a level of trust on my part there...but it worked for us which is the important thing. He's learned a lot over the years and we can have much deeper conversations about all sorts of finance issues now, than we could before. This is the biggest reason why, a day back in 2010 was alarming for me when I logged into our joint accounts and saw that not only our checking account was empty, so was our savings.....and most of a line of credit we had was used. The bank insisted that my husband was the one wiring gigantic amounts of money to a bank in New York. I *knew* it wasn't him. Turns out the bank was scammed with the help of three employees. We weren't the only ones who'd had our accounts completely drained. There were a lot of red flags in the situation that were ignored by the people working on the inside - that was their job in the scam...to okay the transactions without proper procedures being followed. It was really a very trying time. The bank at first thought we were the scammers and threatened us with arrest and prosecution. We were told we'd have to pay the line of credit back, we were told we'd get none of our other money back. But, their internal insurance investigation department looked into it and found that we hadn't participated in the scam at all....they found the culprits and deemed that we should be made whole again, and we were. So, while were without money - no way to cash a check - credit cards cancelled, etc. we had to find a way to keep the household going. We'd had a small account at another local bank. I explained to the manager our situation and he took a chance on us and helped us keep food on the table, the ability to pay our mortgage and other bills, etc. We were very relieved when it was all over and could go on as we'd done before. However, we did have extra steps added to the security of our accounts to ensure (hopefully) it can never happen again.
You’re on the right track both for your financial futures and your relationship.
When I got married 22 yrs ago it was just common practice for you to share everything - I was still studying and my husband was working, and then we started a family so more expenses. We were renting for the first few years and then we bought a house. I stayed home to look after the family as it was the cheapest option rather than pay child care fee's and I took care of other things to make sure we were being frugal were possible Now in our 40's we are debt free and mortgage paid. We both have a small spending allowance each but all of our money goes into the one joint account and we have never had any issues. We just didn't know any better.
I love that the bottom line is that you have to think through it and communicate with each other. My husband and I have been married almost 18 years and we had to practice at it to get to a good place. Neither of us were good with money when we got married and we're now in a really good place with shared values and good systems for making sure that everyone's needs are met and we move forward on shared goals.
You've been doing a great job for years. You don't have to explain it. Keep up the good work!
You are totally smart and correct with the way you are handling the situation. It is very smart and mature to talk things out and put it in a lease, given that you are single at this time. It protects you both. Everyone has to pay to live somewhere. Why would someone want you to have a man who doesn’t contribute? If you get married, you will renegotiate as appropriate. There are countless people who are fighting and in court b/c they didn’t define how things should go. It’s a very thoughtful move.
Sarah I am so sorry that you have had to put up with people putting their nose in your business! Especially the haters who are calling you names and insulting you. I think you are a beautiful, very intelligent young lady who has her life together. Please know that there are a lot of us who are learning from you and really does appreciate your honesty and help.
So smart ..and it shows how much you respect each other AND how much you each respect yourselves.
i have charged my boyfriends rent before. i owned my own home and feel everyone needs to contribute to the household.
So glad you are both leveled headed about the rent. I totally agree with you Sarah. Who gets to live rent free? That'd be so unfair to you. Money isn't ruled by love. Money is about fairness, common sense and understanding of monthly expenses. Many couples are not together on the money thing. And boy oh boy the problems that will cause. You and your boyfriend are a good match.
Financially speaking; he is definitely benefiting from the shacking up living arrangement . He would definitely pay a lot more anywhere else. Some landlords that rent out rooms in their place don’t allow renters to even use laundry, living or kitchen areas.
Trust, communication, love is most important. Your financial affairs with your boyfriend is your business, no one has the right to judge anyone, what you both agree to is the most important thing!
I admire you for having a frank and open conversation with your partner. The last couple people I have been involved with struggled with money. One didn't have debt so much as they struggled with planning for frugal. My current partner had debt, but understood the concept of planning and frugality. I paid them rent. We restructured their debt and I still paid rent. We only commingled when we sold their home and bought one together. No one pays "rent" as there has been no mortgage or debt since that time. I do manage their paycheck, retirement, and "our" bills and saving because I haven't worked for a few years. They have a talent at their job, I have a talent for frugal. It works and we can talk about any aspect of it.
that is amazing!
This year I will have been married 36 years. For the first 28 years we combined our money into a single account and we were always living on the edge financially. My husband is a spender and I am a saver. No matter how hard I tried to save, he would find a way to spend it if it was available to him. I opened my own checking account and savings account (at a separate institution). I deposit what I need to pay bills in the checking and a small amount into savings to FINALLY (remember I said 28 years with no savings) build an emergency fund. He is still a spender, but he is limited to his much smaller salary to spend I pay almost all of the expenses. Before you ask, I have made peace after years of anger over this issue and now we do not even fight about it any more.
Simple, he has choices, he doesn't have to live with you (but he does). You own the mortgage and house hack, I see no problem. SOunds like you are giving him a break because what he pays is probably cheaper than any place he can get on his own.
Thank you for sharing your story on how you and Jacob came to a mature understanding on a lot of diffocult issues. Most married couples would have great difficulty disscussing these issues. Let alone reaching an agreement.
I'm a bit surprised to find out Jacob is still on a "different level" as you put it. I think you do a great job of putting action behind everything you share.
The perception is that your not paying anything after the initial purchase yet you charge your boyfriend. You’ve “payed” with your down payment, sacrifice, planning, among other things. In the end we all want everyone to be happy, find the middle of the road and compromise with each other is key. Win-win : )
Kudos to you for touching on this subject! Open honest lines of communication about everything especially money is what make a relationship work! Loved this video so much!!!
Your level of transparency on this topic is A+! Also, just with your discussion on this topic * especially with the discussion of how you are both in different places with your financial journey, kinda seems like a reverse of Graham Stephen and Macy. Thank you for all you teach us about handling finances!!
The people who said the crap about you charging your bf rent are very naive and some very rude. After my 1st marriage I decided I wouldn't even consider dating a girl who needed me in any way. They had to have a job, a car, and their own house before I would even talk to them. That might sound harsh, but I was a recently divorced father, of a 5 yr old. I couldn't afford to raise someone else. I wouldn't settle and I found a woman, my current wife, who became my partner and not baggage. Love listening to you.
💗 That's awesome for you and Jacob. Connunication is number 1 in a relationship. My husband and I didn't have the same money values (I was the spender) but somehow we made our living expenses work. After marrying, we agreed I'd handle the housing expenses such as heat, electricity, groceries and he would handle mortgage, insurances, and so on. Our rule of thumb is if we want to purchase something over $200 we must consult with each other.
Love that!
This video made me think of a couple of videos I’d like to see (if they interest you): 1. A video on what you collect and how you organize papers for income taxes. When investing, understanding taxes is your best friend. I love doing it. It’s like a big puzzle to learn the ways to pay what you owe… but not a penny more. Maybe one with your accountant to answer some questions if he or she is willing?? You could ask us to post our questions ahead of time too. 2. A video on your leases. Details in a good lease will prevent all kinds of problems and misunderstandings. Where did you learn what to put into your lease? Do you accept pets? Why or why not? Thanks for the great videos!
So good. I’ve always loved and understood what you’re doing. Great explanations to dive deeper into this.
I appreciate that!
Of course he pays rent! I’m shocked that you have to explain this and that some people chose to give you grief over it. Seriously. Lol. What boyfriend or girlfriend for that matter, wouldn’t expect to pay rent? And you are giving him a great deal. It’s super cheap rent!
It’s wild to me that people think your boyfriend shouldn’t pay rent. I’m glad you made this video, but also think it’s ridiculous that you should have to explain yourself.
When I first met my husband he wanted me to pay half of the mortgage. I did not think that was equitable. If I was going to pay half, since he had just purchased the house, I wanted an even share so we refinanced the house. When we officially got married, it was not legal when we met, we combined everything immediately. The melding of both as one unit only serves to make the relationship feel more stable. We no longer look at who earns the most, we have shared goals and we use our income to achieve them. My opinion is that when you aren’t married you handle money the way you described. Soon as you get married, you should combine and start pulling in the same direction as one.
I love how you were and are able to figure things out this way and how you can talk about it without emotions. It is so important to talk calmly about all things money related. What I don't totally understand is why Jacob would become a co-owner of the house if you got married. What would happen in case of divorce? Not that I think that you would get divorced, it is just a question which arose, when I watched your video. As always I loved your explanations and I have learned a lot from you, even though I can not incorporate every advice since I live in Germany (there is no 401 etc). Btw I think you are truly beautiful inside and out! Have a great day, Inga
😯 I can’t believe it! people can be so mean. You do YOU mama bear 🐻 Thanks for being so transparent. Love the content. 👍🏽
You are a rolemodel! Love that you communicate so well with Jacob about money. I’m handling the money in my marriage and my husband is really happy about it! His coworkers find it strange when he gets a monthly money update and just a little spending money out of his pretty high salary 😆
I think this is a good setup for you both. I moved in with my boyfriend a year ago, he owns his home with no mortgage. He does not want to charge me rent as he’s very well off so I pay extra on groceries, help pay the house upgrades, do more of the housework and outside jobs etc. I’m not taking it for-granted though! I’ll have my car paid off in 8 weeks, 2 years early and will be busting my butt to save up for our future. We plan on building a larger house down the road and with that we will be sharing those costs. I’m so grateful for the opportunity to live rent free so I can get out of debt and contribute to our future.
That sounds like a fair split for your situation, but more importantly you two are good with it and helping each other succeed! Many happy returns to you both!
@@BudgetGirl Thankyou!! It works for us, it’s a win win!
What a mature response to the haters! I am so proud of you! I know, I know, internet stranger proud of you.... But, I have children your age and I feel as proud of you as my own kids. It is great to see a member of the next generation succeeding so well!😻💖
Why shouldn’t he contribute financially? People are crazy to think you shouldn’t be very clear about this in your relationship! They’re the ones who are going to be footing the bulk of the financial weight in their relationship and feeling nothing but resentment because of differing financial priorities. AND you’re not married. Not that it should change when you get married, maybe it will maybe it won’t, but I wouldn’t even consider it before then. Good for you for being very clear about your expectations and continuing to work toward your goals!
Completely reasonable and makes sense.
Sarah you are absolutely right too many woman support there boyfriend and then when the relationship breaks down they are left destitute
I so appreciate you doing this video and walking through HOW to talk about money with someone you love. Healthy Boundaries - you rock, as always.
Every adult must contribute his or her fair share to the household. It speaks VOLUMES about anyone who doesn’t agree or understand this. Same for the prenup. Everything you said makes perfect sense.
Watching you for several years now and it has been such a great journey to see where you came from and where you are now financially ❤️🙏
Thank you Sarah 👍 You are so smart 💙 I hope this valuable video helps many women be as successful in their living arrangements 😊
We got together when I was 16 and he 20 and started living together when I was 18 and he 22. We both came into the relationship with nothing and built everything up together. Our finances are completely combined which keeps us both focused on our financial goals. I really like how we’ve gone about this. He got me through college debt free and I got him to not spend everything he earned lol.
I can image it being a lot harder when someone enters the relationship with more than the other or having financial obligations like children from a previous relationship.
Personal finance is really… personal when it comes to managing money as a couple, what works best for one, doesn’t work for the other couple
All of the mean people must not of been or heard of horrible break ups with finances involved. My mom has a coworker who had a live-in boyfriend for 10+ years and when they broke up he ended up being entitled to half retirement and had to give him money to move out of her house because they were considered in a common law marriage. He didn't own the house and there was nothing in writing like a lease for him to live there. You are being very smart and I would of never thought to make a lease for a live-in boyfriend. You take all the risk for the property if something goes wrong.
I'm always mind boggled at how people are so bothered by this. It's the most fair option! Y'all are expecting too little if you think charging your boyfriend rent is too much. Lift your expectations people! This is how women can get trapped in potentially financially abusive situations.
The bar is on the floor 😅
Because of this smart decision, you will both always respect each other. If it was for free, slowly the respect would swindle away. I say that from experience.. like you said you will start to feel taken advantage of and the other person will start to feel like less of a man and feel like he’s being mothered and just not equal at all. In the worst case the other person would feel like it is owed to them to live for free. I’m learning so much from you ❤️ love your videos. Been watching and learning for years and years!
The only people who would not understand charging him rent are NOT homeowners. (Or are independently wealthy 😂)
I totally agree, if you don't talk about money with your significant other, you can really ruin your relationship. My husband and I try to talk about money all the time.
You are so smart, I love how you worked it out.Much better than😄 young women buying homes with their boyfriends because I have seen it end badly way too many times. Those mean comments though....glad you have a sense of humor, it was funny. Laugh all the way to the bank BG. Gloria
People can be so judgy, it's incredible how often you have had to address this - I suppose for you to respond to these people with 'mind your own business' is a little harsh :-)
The most shocking part of this video for me is that you and Jacob have been together 5 years, I started watching you before the two of you were together which means I have been watching you for 5 years, wth!!
I remember you took yourself out to a restaurant to celebrate (I forget what it was at the time, maybe a promotion, paying off your debt, not sure) but you went to a restaurant on your own and I was so impressed.
To think that was over five years ago, wow!!
Love your content, I haven't needed budget advice - I got hooked watching you pay down your debt (which was quite a debt for the salary you were making), and I just never stopped watching.
The nicest part of the this video - when you said 'I'm a lucky girl' , very sweet.
Good for you! You have taken the risk by buying the property. It’s yours. He needs to pay for his own expenses. He would probably have to pay more if he was on his own. Plus you mention that he has different money priorities. I owned my own homes before I got married and I never put his name on any of my financial accounts. It made it very easy when we got a divorce. He had terrible credit and financial problems. Those problems never became my problems.
Thank you for being so open as usual Sarah. Sorry about the negative comments, as others said women should be empowering and celebrating each other not tearing each other down!
What stands out to me is that even if one person in the relationship had all money in the world the other would likely feel inferior and possibly even trapped. This way like you say your partner makes a fair contribution and you both have the ability to end the relationship if things were to ever go wrong.
It’s so important for both parties to have the means and financial stability to be able to leave if things unfortunately ended.
You don’t want someone staying with you because they have no other choice and you don’t want to feel Like you can’t end it with someone because they have no other options or resources!
Really respect both of you for your honesty and maturity and for sharing your experience with all of us!!
I think your plan is genius. Both of you are contributing without feeling burdened and also honoring each other’s financial status.
plus,if he pays rent,and you have a written,legal document of this,if for whatever reason,things go south,you're protected.if Jacob lived rent free and things for whatever reason didn't work out,he could legally claim squatter rights.and make life pure hell.
not that he would,but it's always wise to think of this when cohabitating
Just keep going! You are amazing and your boyfriend is wonderful too!
As long as you two are okay with it, that's all that matters. If he were renting in my area, half the rent of a 2BR apt would be $900 and up, so he's getting a really good deal.
5yrs already! Crazy! I dont know why ppl have issues with you charging him rent, it makes sense. I did with my now husband when he moved in when we were dating....
Oh bright side we paid off my husbands tool debt this week!!!
congrats!!!
I am such a huge believer in finding a system that works for you, and I love your system. I purchased my home by myself 3 years ago even though my fiance of 7 years has lived with me for nearly 6 years at this point. Currently I'm the "bread winner" while he's a full time student, and he does not pay a dime for the house because quite frankly he doesn't need to, and his job is to get through college and get a good paying job so I can live my dream of going to vet school in the future. It bothers me exactly zero that he doesn't have a "job". His non-monetary contributions to our home and farm is absolutely invaluable to me and we would not have the lifestyle that we do if he was holding down a job as well as school. It took us a while to get over his deeply rooted need to be the provider of the home, but ultimately we found a system that works perfectly for us even if most people Will never understand.
Well spoken, well done! Maturity rules. Am impressed, as always. 🥰 And I sure hope you have built enough teflon so that all those negative and mean comments just slide off you. Am appalled by these comments. So rude, so so rude.
Thank you so much for this video. I share your views but my boyfriend definitely does not. It’s so important to talk about it and understand each other’s values and perspectives.
Mine is good in one sense. He just cares about getting his lunch money for work, I handle all the budgeting. Bad because he would have no idea what to do if we split or I passed. Also, when anything unexpected comes up, it's on me to figure out how to budget it in
Actually sounds like he has a pretty good deal there! Awesome that you have a handyman.
Smart,adult common- sense arrangement! Kudos to you both!
Thanks for explaining Sarah and it makes total sense!
Those people are savage to come at you like that... over something so simple & so affordable... $500/month is 1/3rd of the cost of an apartment...
In Australia if you live with your partner for more than 6 months you are considered their common law spouse and you're as entitled to each other's property as a married couple are. Bit of a nightmare situation if you ask me!
😶😶😶
As my husband and I were in a unmarried relationship I payed my share of rent. Now we bought a flat together and I pay % of my salary. Because he had a few raises and I stayed the same.
Great for you. You are hard working, consistent and smart woman. I wish more women managed their money and their love life like you. Those haters, just bless them, they need prayer and common sense, which as we know, isn't all that common. Keep it up
When I lived with a female roommate after college, we split everything down the middle. When my boyfriend and I moved in together, we split everything down the middle. When we got married and bought a house, we split everything down the middle. On what planet do your critics think your roommate (in this case your boyfriend) would not have to pay his half? If you had purchased the house together, he would be paying half of the mortgage! It just so happens that you bought it by yourself, so he pays his fair share as rent to you, his landlord. Makes perfect sense and people who criticize you are obviously just jealous of you. 🙄
Those people who shared the mean tweets are probably the same people who are going to be left holding the bag if and when the relationship they are in fails because they didn't have the financial talk. I am not in the position to have the talk yet ,thank God.
Girl you are doing awesome. Don’t listen to the negative comments. You are wise beyond your years.
$500 a month for rent is super super reasonable.
I love this video- if more people were as mature as the two of you, there wouldn’t be such issues between couples concerning finances. I have learned so much from you videos and I’m excited to always see what you’re up to next ❤️
You do you. Being watching since the beginning. Debt free and investing is so much better now than ever before.
What you discuss in this video makes sense if I were in this situation I wouldn't feel used on either side. He should not live for free it costs money to run the property and if you do get married then yes he will be a partial owner of the home anyway. I don't see anything wrong with what you are doing. You have to do what makes sense and you have to have some protection since you all are not married at this time. Great video.
I like the way you and Jacob figured this out and I’ll keep the gestures I’d like to throw at those rude people to myself 😎
You are a lucky girl, Sarah, but you're also smart and hard working. I'd say that contributes the most to your success!
I never really thought about your financial situation with Jacob. I felt sure you and he had approached and settled on an arrangement in a fair and reasonable way. I still enjoyed your break-down here.
I had a friend once who became a roommate. She was in college and had almost no money. We calculated our respective rents based on percentages of income. We divided household chores about 50/50. She liked to cook and I didn't. She didn't like to do kitchen clean up, and I didn't mind. So we calculated the cost of meals she would cook for me and subtracted that from her rent. Then we calculated the amount of time I would spend cleaning up the kitchen (which was very little because I was fast back then) and subtracted the cost of that from my rent. Then we recalculated rents based on that new info. She ended up paying less rent and I paid more. I could afford it. That worked really well.
Another time, I became the roommate of a friend. I had no income and less than $1000 to my name. She allowed me to live rent free and I was to do the cleaning and laundry. It was a very clean condo and I like doing laundry...I know, go figure... It was very kind of her to let me live rent free, but it bothered me because I didn't feel like I was contributing. It made me feel like less of a person and put this really awkward twist into our friendship. I wanted to pay something, even if it was only $25--$50 a month, but she wouldn't hear of it. I felt really bad.
So glad to hear from you again. I've been with you from the start and so enjoy listening to you and watching you grow and learn to figure out financial problems and goals. I congratulate you on your creativity and grit in building wealth! You're a true inspiration to so many. Love you, girl! ❤
You don’t need to explain this, the title makes perfect sense. Smart lady!
It’s a shame amazing women have to justify their decisions to some internet users. I’ve seen it on other non-money related channels. Stay strong and assertive and looking fabulous too. You do you 😘