Commonly Asked Questions about Finances- Part 4

Freedom Hub
Freedom Hub
Commonly Asked Questions about Finances- Part 4

Today we shall be discussing the last two questions commonly asked about finances. I hope such has responded to some of the questions you may be having on issues of money. This are indeed very important questions. The following is a portion of scripture on which we base our discussion:

“Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.” (Ecclesiastes 11:2).

Let us now dive into the questions.

I Already Cut Corners with my Budget. It's Still Not Enough. What Now? 

Consider finding ways to make extra money. You can look into freelance opportunities, a side gig, or even selling unused items. Additionally, it's important to review your budget and make sure that you are cutting corners in the right areas. This can help to ease the financial burden and free up extra money to save or use to pay off debt. Additionally, budgeting can help you to determine where you can reduce spending, such as on non-essential items, and redirect this money towards more important goals.


I'm Moving in with My Partner. How Do We Divide Up Our Finances? 

Set up a joint account for shared expenses and make sure each of you contributes the same amount. Consider setting up separate accounts for individual spending and decide how much you will contribute to the joint account each month. Talk openly about your budget and make sure both partners are on the same page. This will help ensure that both partners are contributing equally to the shared expenses and that there is transparency about the budget. It will also help prevent any financial issues from arising in the relationship. Having separate accounts for individual spending will also allow for financial freedom and autonomy.

I hope the responses to the overall commonly asked questions have helped you. For other episodes to come, please visit our website.

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