8 Reasons Roommates Fight About Money

Live-in buddies are bound to face some financial tension, but you can keep the peace and a balanced household budget with a roommate agreement.

Whether you're moving out of the dorms for the first time or you've been living sans-resident-adviser for a while now, you might consider getting one or more roommates to help cut costs. But sharing a living space can be a minefield of monetary problems.

Sidestep any big blowups by discussing how you’ll address potential problems with your roommate(s) before you even sign a lease. And consider formalizing your chat by creating an official roommate agreement -- signed and notarized, just in case a little spat escalates to a legal battle. Here are eight common causes of cohabitation conflict that you might address in your contract:

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Stacy Rapacon
Online Editor, Kiplinger.com

Rapacon joined Kiplinger in October 2007 as a reporter with Kiplinger's Personal Finance magazine and became an online editor for Kiplinger.com in June 2010. She previously served as editor of the "Starting Out" column, focusing on personal finance advice for people in their twenties and thirties.

Before joining Kiplinger, Rapacon worked as a senior research associate at b2b publishing house Judy Diamond Associates. She holds a B.A. degree in English from the George Washington University.