22 Things You Must Know About Money In The Family

Hi,

In the first part of this write-up, I will be telling you the 11 things you must know about money, and watch out for the concluded part in the subsequent article.

Most times, people talk more about money for business and do not consider its relationship with the family. There is no place where money is more relevant than at home. “A feast is made for laughter and wine maketh merry, BUT MONEY ANSWERETH ALL THINGS”.(Ecclesiastes 10:19)

Money is needed in the family to do almost everything. Experts say 60% of our disposable income is spent directly or indirectly at home. The amount of money available to every couple determines how comfortable they will live their lives.

To manage money adequately and correctly, each couple should know the place of money in their marriage.

v It is to make you companions not combatants. Money should not be a tool of discord; rather, it should be a source of unity.

v A tool of welfare not for warfare. Money is for the welfare of the family not to turn your family into a boxing ring.

v It is a means of exchange. It is the only thing the family has to give out in exchange for the goods and services they desire.

v It is a defense. “For wisdom is a defense, money is a defense……….”Ecclesiastes 7:12. Money helps to protect the family from hunger, poverty, ill-health, assault, debt, molestation, etc.

v Wheel of progress. It helps the family to be progressive.

v God’s way of teaching cooperation. God uses the money to teach couples about cooperation. Couples who cannot agree on money will find it difficult to agree on other areas of their marital life.

v Builder of houses and homes. To build a house, couples need money. To build a home and sustain it, money is needed.

v Parenting tool. It helps parents to give their children good training, solid education, and a sure future.

v Fountain of comfort. It makes life comfortable.

v Evangelism tool. Money is very relevant in the area of evangelism, crusade, revivals, outreaches, seminars, summits, building church auditoriums, mission work, the printing of books and tracts, etc.

v Strength of business. For any family to start a business and sustain it, money is needed.