I love my roomies, but while I have a sizable savings account and decent income, they are barely living paycheck to paycheck, even with help from family. Our rent is going up and though they’ve assured me they can afford it, I’m getting nervous. I don’t want to loan them money, but I do want to stay current on our bills.
How can I impress upon them the need to budget more carefully while being sensitive to the fact they just plain don’t benefit from the advantages I’ve had? -Mae
Oof, that can be a tricky one. I totally get you want to trust your roommates to hold up their part of the bargain, and yet you’ll be totally on the hook to keep your life in order. That is straight-up stressful.
That being said, you (hopefully) chose your roommates for good reasons. They’re (hopefully) full-grown adults. And you can (hopefully) trust them to do as they say. Because, the truth is, you can’t instill your own values on anyone, and you certainly can’t control your roommates spending habits. All you can do is be incredibly communicative.
With that in mind, I turn it over to the Homies who have roommates (or had roommates) that have been in this position before.
How have you discussed issues like bill paying and budgeting when you’re in different economic situations?