Kara Perez, a financial educator, bought her first home alone in June 2024, emphasizing her long-term financial goals and independence. With a keen understanding of money, she saved for 10 years to purchase a modest 2-bedroom house in Central Massachusetts. Despite not being married, she and her long-time partner maintain clear communication and separate finances. They have a formal lease agreement that offers her legal protection. This approach allows both partners to maintain financial clarity, avoiding deception or confusion, while still nurturing their relationship.
I bought my house in June 2024. It's a 2-bedroom, 1-bath, 690-square-foot home. It is teensy tiny, but it cost $300,000, which is basically unheard of in Central Massachusetts.
My partner and I communicate very well about money and always have. On our third date, we talked about how much student loan debt we had.
People are always shocked that we've been together for so long and we don't have any joint accounts. But it's 100% because I'm a control freak.
Separate doesn't mean deception, and it doesn't mean lack of clarity. We just keep things separate for everybody's sanity.
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