Sunny Hostin

Latina Magazine


Career & Money:
The Dilemma

My man and I are moving in together.  How should we set up our finances?

VERY CAREFULLY, says Asuncion Hostin, a CNN legal analyst.  First, you should both be on the lease in case things go south.  Next, though it doesn’t sound at all romantic, either create a simple cohabitation agreement (find a template at findlaw.com) or keep your personal funds separate.  Open a joint checking account for household expenses and set up electronic bill payments to have a spending record.  But no debit cards… you don’t wanna be tempted to buy that fab bag you saw online.

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