Author: Kevin McAllister
When young couples go away together, dividing the finances can be a tricky dance.
My girlfriend and I recently took a big leap, uttering the three words that signaled a step forward in our relationship: Let’s go away.
We’d heard enough about romantic getaways from the songs of the summer to know it was a sweet decision, one that could vault us to the next level. We just had no idea that the road to a vacation often winds through a financial minefield.
Sure, we had taken the odd weekend away, but the cost and convenience of those trips really only warranted the kind of discussion we might have in a restaurant when the bill comes. But in shifting from “weekend” to “trip,” we were graduating to our biggest joint financial decision, and in doing that, we needed to rethink what it even meant to divide the costs equitably. As I learned from talking to other young couples, figuring out the finances of a joint vacation can often become more about keeping the relationship from falling apart as opposed to putting the vacation together.
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