Thursday, July 5, 2012

Finances

In class last week we talked a lot about how keeping a family budget and discussing money with the family makes a huge difference in the family's stress level and overall happiness. So many divorces occur because of the effects of finances.Learning to be happy and live within your means regardless of them being large or small brings greater safety and satisfaction in life and to the family. There is safety in knowing that when you spend money it will be there. Along with living within your means doing your best to stay out of debt and paying it off as soon as possible when you do. Things like education and buying a home are things that are okay to get in debt for but when making these large investments make sure you will be able to make the payments, don't bite off more than you can chew. This is so important as a couple to make these decisions together, but when children join the picture it is important to share with them the importance of saving money and spending wisely.

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