Entering into a long term relationship is a period of life that most people really look forward to. This can also provide you with significant financial benefits and is usually accompanied with changing lifestyle goals and the associated expenses relating to these new goals. One common benefit experienced by couples is a large increase in excess income as a result of having 2 income streams combined with several expenses being shared. Effective use of this excess income, as early as possible, will have positive flow through effects for the rest of your lives.
At some point in this period of life, it is common to encounter large changes in future lifestyle goals. Purchasing your first home, getting married or starting a family requires a great deal more commitment and responsibility than you may be accustomed to. These decisions also require far greater discipline in relation to your financial affairs. You will also find yourself being increasingly aware that you are no longer the only person affected by your financial decisions.