5 Ways You Save Money by Living with Your Partner

In this day and age, it’s not at all taboo to move in with your partner, even if unmarried. Times have changed, and aside from social and political norms changing, many Britons are also facing a new reality where every pound counts. Given the tough economic climate, it certainly makes sense to consider alternative living arrangements given the potential financial savings. Here are some ways you clearly save money by moving in with your partner over living separately:

  • Housing – The most obvious benefit of living together is only one rent or mortgage payment each month instead of two. This can easily equate to thousands of pounds per year. While it’s always daunting getting used to living together at first, if this is a step you can foresee in the future anyway, why wait? Figure out now how compatible you are together and start saving money sooner!
  • Utilities – Aside from having a lower housing bill, next on the list of expenses each of us must endure is the dreaded utility bill. All the electric, gas, water and other routine utilities can be shared, essentially cutting those expenses in half. Why heat two flats all year for twice the price when two people living in one flat don’t require any additional heating? Here’s another few thousand pounds per year in savings!
  • Food – This one may not be quite as obvious, but even if you buy in bulk as an individual, there’s only so much food you can consume before it spoils, and chances are that if you’re living separately, you don’t eat every meal together. By living together, you can double your bulk food purchases and preparation, thus lowering your total food bill.
  • Auto/Petrol – Some people may consider just going with a single shared vehicle if you previously each had one. Public transport being what it is, many people only require an auto on weekends or just a single vehicle for work. By living together, it’s much easier to carpool. This saves on not only the auto cost itself, but also petrol and insurance.
  • Bulk Purchases – Aside from the efficiencies realised with utilities and food, you can also make much larger bulk purchases in other routine household items. You can imagine the possibilities, but for instance, paper goods like tissues, napkins and paper plates could all be bought in bulk and stored. Additionally, you only need one set of appliances, one set of dishware and the like. It’s really quite remarkable how many redundant purchases must be made by a couple living in two different locales.


Darwin is an engineer and MBA who takes an "evolutionary" approach to finance, writing about adapting to evolving financial management, tax, investing, and savings opportunities. Making more money and saving more money is an adaptive process - join the evolution! He blogs at Darwin's Money and ETF Base.
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