Key points:

  1. Pros:
    1. More time spent together
    2. Trail run for marriage
    3. Financial responsibility
    4. Half the cost, twice the fun!
    5. Learning if you both have the same mindset
  2. Cons:
    1. The only reason there is a big cost savings with cohabiting is that neither George nor his partner were “doing it right” previously
    2. You don't have to live together to make financial decisions together
    3. Having children
    4. Finances are in limbo between totally separate and fully joined is prolonged
  3. Cohabitation is a risky financial endeavor, not some financial windfall. Protect yourself accordingly.

Read the full article here:

Financial Implications of Cohabitation- A Pro/Con