Finances can be the greatest strain on a couple and a family, and is the leading cause of divorce. And even in my own life, this makes perfect sense. So when I have my own family I don't want it to be a huge stress and sore in our lives.
A very good resource to learn how to make your dollar stretch is to follow the advice in handbook, One for the Money by Elder Marvin J Ashton. There are 12 different steps but I just want to highlight three of them.
Manage your Money
- determined on how much you earn, but also how much you spend.
- your budget needs to be made between husband and wife, and also the Lord.
- it may sound a little dumb to say this, but don't buy stuff you can't afford
Teach Children Importance of Earning
- teach your children to work
- but also to teach them to save, have them earn their summer camp or their school clothes
- you children need to know that when their money runs out, so does their fun
Pay an Honest Tithe
- give first to the Lord and he will give to you
- teaches honesty to your children and your devotion to God
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