3 KEYS TO BETTER MONEY MANAGEMENT IN MARRIAGE

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How To Fix Your Marriage Problem Quickly
How To Fix Your Marriage Problem Quickly

KEYS TO BETTER MONEY MANAGEMENT IN MARRIAGE

Permit me to give you some keys to better money management in your marriage. If you don’t do them among many other things you won’t be able to manage money rightly in your marriage.

  1. BUDGET YOUR FAMILY INCOME

The word budget raises dust in the minds of many people. The preconceived notion that it is too technical and only a few people ever understand the true essence of a budget makes it easy for people to shut their minds.  That is why I prefer to call it “financial planning”, using the layman term.

Budgeting at home need not be a difficult task. It is your money and you are just planning how to spend it. Nobody is pointing a gun at your head to perform, so relax and plan your future together.

 

  1. HAVE A FAMILY VISION

“Where there is no vision the people perish, but he that keepth the law happy is he” . Proverbs 29:18

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The concept of the word, vision, cannot be over flogged in matters of family finance. Without vision “people perish”. Mismanagement of money, life, other resources all culminating in a destitute destiny are offshoots of the absence of vision. Vision is not optional; it is mandatory because it determines your life. When you see people spending money today as if there is no tomorrow, what is lacking in them is a vision. When vision is lacking, everything goes wrong.

What is a vision?  Vision is the power of seeing or engaging your imagination, looking ahead, and grasping the truth by the fact. It also means gaining insight into God’s plan. It is the unfolding of God’s program to an individual. Any family that will manage money rightly must first and foremost have a solid vision. Vision guides lead and protects; without vision, people will truly perish.

 

  1. BE PRUDENT

To be prudent means to be careful, wise and sensible by trying to avoid unnecessary risks. To be prudent in the way you handle money means you handle money sensibly, wisely and carefully. You don’t spend anyhow or take unnecessary risks. You spend with caution and handle your finances with deep understanding.

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’The simple believeth every word but the prudent man looketh well to his going”. Proverbs 14:15

When couples are not prudent, they are into trouble and a very deep ditch of debt, poverty and penury.