Money Problems, Marriage Solutions by Unknown

Author:Unknown
Language: eng
Format: epub
Publisher: Moody Publishers
Published: 2017-09-15T00:00:00+00:00

THE ESSENTIALS

Whether you are facing overwhelming amounts of debt, struggling to make ends meet, frustrated over your lack of progress in achieving your financial goals, or trust has been broken, there is hope if you and your spouse will unify and make a plan. Be like Russ and Kandy. They made a plan together and took corrective action immediately.

Stop fighting, blaming, arguing, criticizing, or rationalizing the issue. Accept that you both contributed to the problem and take responsibility for solving it. Next, make a plan that you can follow. Don’t try to wish the problem away. Don’t wait on a miracle. Use your mind and hands to get to work. Do what you have to do to make progress. Most importantly, invite God into your pain. Ask Him for the strength, patience, and diligence to follow through on your plan. Give your plan a higher purpose like Russ and Kandy, who wanted to “prove God’s faithfulness.”

The first step in establishing your plan should be thirty days of carefully recording your spending so you know where your money has been going. Once this is completed, you are ready to set up a detailed monthly budget, including all of your monthly expenses and debt (mortgage payments, car payments, student loans, credit cards and store accounts, money owed family and friends). You can download a free budget form at crown.org (https://www.crown.org/resources/category/budgeting/).

Ultimately, a budget is a guideline to help you spend less than you earn each month. This simple objective must be an essential part of your plan. When you are spending less than you earn, you can begin to direct your resources to the places needed to accomplish your financial goals, whether that is paying off debt, saving for retirement, or financing your children’s educations. If you continue overspending, you will remain stuck in a cycle of debt and stress and financial confusion. Essential components of every financial plan should begin with these basics:

Work. Establish an income that will allow you to support your family and achieve your goals. Ideally you will be able to earn more than you spend each month. Additional jobs or sources of income may be necessary to ensure that you are earning more than you are spending. Ecclesiastes 11:6 says, “Sow your seed in the morning, and at evening let your hands not be idle, for you do not know which will succeed, whether this or that, or whether both will do equally well.” Consider a home-based business based upon your skill or talents. I have a friend who has an adult son with a disability. She is not able to leave him alone. She started a fulfillment service that processes orders for small, Internet-based companies, all from the convenience of her home basement. It is an excellent, flexible part-time job and provides good income for their family. I also recommend Love Your Work, the newest book by Crown’s president, Robert Dickie III.

Give. Commit to honor the Lord first. Proverbs 3:9–10 says, “Honor the LORD with your wealth,

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