3 Financial Questions To Ask Your Roommates As Early As Possible

Finance is always an important question in the minds of tenants because a large part of their monthly allowance or salary goes into tenants. One of the major reasons why many people have roommates in their room for rent Berkeley. However, keeping up with the roommates is not an easy task especially when it comes to rent because both of you have to split the rent between both of you. So, sharing space with people is an intimate act, and that is why renting homes for rent Berkeley CA with people you know and trust is the best way to move ahead with it. 

First it doesn't let you stay hanging out and second you can also have some uncomfortable conversations straightaway. These may not be the easiest conversations you will ever have in your life but asking some questions could make all the difference when it comes to living in financial peace. Because it is the most important peace in the world. So, without further ado, let us have a look at 3 financial questions you need to ask your roommate as early as possible. 

1. Do You Have an Emergency Fund?

Emergency fund is always a winner but even the most financially savvy can find it difficult to save money. And today's generation have a knack of spending money like rain just to keep themselves happy. But to be honest most of the people, maybe me, are not doing much better when it comes to more immediate savings goals. We are very much sure, it might feel like your roomie's spending and saving habits are none of your business but they must secure a responsible portion of the rent in advance. So you never run into a problem of paying the rent in full rather than in half. 

2. How Will We Split Up The Bills?

When it comes to living in a shared room for rent Berkeley then rent is not only expenses you will think about. As a tenant, both of you will be responsible for utilities like electricity, gas, furniture, internet, cable etc. So, it means you need to sit down with your roommate and discuss whether you all are going to split the bill for everything or one person takes care of X while another covers Y. And instead of sharing the fund together you can also ask your roommate to directly send their cheque to the landlord instead of asking you to pay and later sending the money in your account. 

3. What About Furniture? If Someone Moves Out, How Will Furnishings Be Split?

Another important discussion that you need to have with your roommate. Because most of the people when moving to a new city carry nothing but a suitcase and the clothes and start looking for homes for rent Berkeley CA. So, you need to clear what happens to that couch if one roommate decides to move out early? Does it stay behind, or does it go with them, too?

Endnotes 

We understand that these conversations sound awkward to have with someone who might be your friend, but they are far less awkward than having financial scarcity. Moreover, we are sure you will get to know your roommate better in the whole process. We hope you will find this information useful and you will find the best way to discuss it with your roommate.

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