Glossary
Every term you'll meet in SharedNest, defined in one line.
A split rule that weights each partner's contribution to a shared expense by income, custom percentage, or equal share.
The point where your household has enough savings, passive income, and low enough obligations that work becomes optional rather than compulsory. It is not necessarily about being rich; it is about having choices—covering essentials, handling emergencies, and funding goals without relying on a single paycheck or going into debt.
Financial freedom is usually built by reducing fixed expenses, paying off high-interest debt, building an emergency fund, and investing for the long term. For families, it often means one parent can take a career break, switch roles, or handle unexpected events without money forcing the decision.
The running record of every household expense, split, and settlement.
A transfer from one household member to another that clears an outstanding balance.