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| New to the newsletter? Subscribe to The Daily Money to get the best consumer and financial news from USA TODAY delivered to your inbox every weekday morning. And give our news-inspired Spotify playlist a listen. It features every song quoted here. |
| Happy Tuesday, Daily Money readers. Jayme Deerwester back with you. |
The rise and fall of Rivian |
| The glow dulled further Monday for electric truck maker Rivian Automotive, whose IPO in November was the largest of 2021 and the sixth-largest in U.S. history. |
| Less than two weeks ago, Rivian was responsible for quarterly losses reported by both Amazon and Ford Motor Co., each of which had invested billions only to see Rivian's value crash early this year. |
| On Monday, Rivian's stock price tumbled further on a report that Ford was getting rid of 8 million shares in the company. The company is also is newly caught up in the Georgia governor's race over a record incentive package for a new manufacturing plant. |
| How did Rivian, once seen as a potential rival to Tesla, fall out of favor so fast? USA TODAY's Randy Essex explains. |
📰 More stories you shouldn't miss 📰 |
| AWKWARD: New York Times changes Wordle answer due to "major recent news event." |
| WHERE TO PUT CASH DURING INFLATION: Put your money to work instead of stuffing it in a mattress. |
| CONNECTING IN THE SKY: How in-flight Wi-Fi has changed since your last trip. |
| SMARTPHONE TO THE RESCUE: How to sign your kid's permission slip digitally. |
| MENTORING CO-WORKERS: Can you help guide others if you're not a seasoned vet? |
How to talk about bills when you move in together |
| Moving in with your partner can mark the beginning of an exciting new chapter in your relationship. But if you don't discuss how you'll handle shared living expenses early in the process – like before one of you gives notice on your old place – you could be setting yourselves up for failure. |
| "If your partner wants to talk about this, try not to take it personally," says Shane Birkel, an individual and couples therapist. "It's not a sign that they don't trust you. It's just an opportunity for both parties to feel like they are advocating for themselves and can work together as a team." |
| Consider how much money each person makes before determining how much each should pay toward living expenses. |
| "If one person makes a lot more than the other partner, is it fair to split the bills 50/50 or should the couple figure out something that would be based on a percentage of what they are making?" Birkel says. "There is no right or wrong answer to this question. The important thing is that both people feel good about it." |
| These conversations also need to take into account both the little and big picture – from how you split the grocery bill to whether you share the same long-term financial goals. And you should also consider how you'll handle shared expenses if you split up. |
| "Of course, no one wants that to happen, but it's good to have a clear plan," Birkel says. |
🎧 Mood music 🎧 |
| Today's lyric, the 1970s Billy Joel classic "Scenes from an Italian Restaurant," is a cautionary tale about couples and money and coming out the other side a little wiser. |
| "Brenda and Eddie had had it already by the summer of '75. From the high to the low, to the end of the show, for the rest of their lives. They couldn't go back to the Greasers, The best they could do was pick up their pieces." |
| LISTEN WHILE YOU WORK: You can hear just about every song quoted in the newsletter on the Daily Money Mood Music playlist on Spotify. |
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