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Daily Monitor
Tuesday March 02 2021
A woman counts a bundle of money. A clear savings and spending plan goes a long way in limiting conflicts over finances in a family. PHOTO | FILE
Summary
Discuss debt and development. According to Lyndah Nabayinda- a personal finance expert and co-founder of Ascenity, you should discuss ways how to ensure the home progresses.
“Any family should bring to table all the loans each party has; vehicle loans, memberships, credit card debt, grocery shop debt, and prioritise which ones to settle, reschedule, or pay first,” she shares.
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Money is a cagey topic of discussion among some families. No matter the different levels of incomes, this subject has caused conflict and hatred in some families due to poor financial management.