Day 10 : How to Effectively Manage Children and Finances?

What’s the Purpose for Children?

Children are our dream for a great and better future. This means that we must show them what their purpose is and train them to be the building blocks of a greater tomorrow. Each child must be moulded to be a stone on which his family and his world can rely on. Some people have children without establishing a purpose for that child’s life. For some people, having children is the same as carrying out any other biological function. Their response to the birth of the next child is Oops, another one has come out again.

We are told, “Train up a child in the way he should go and when he is old, he will not depart from it.” But how can you train him up in the way he should go if you don’t know the way he should go?

As parents, it is our responsibility to establish a purpose for our children’s lives and then plan out how we can help them to fulfil that purpose. The mistake many parents make is saying that when the child grows up, he can find his own way. No he can’t. He needs you to help him. Many of the young people who are a danger to themselves and others, are the product of this philosophy of letting a child find his own way. When you give him a purpose for his life, then he has something to look forward to and to work towards.

Managing Your Finances

There’s no doubt that getting married can have a lot of financial benefits to both of the couple. For example, with pooled finances, they would be able to buy a house where on their own they couldn’t; they would be able to afford a better car, and so on. Marriage helps you to pool your financial resources so that you can do more.

The Effects of Bad Financial Management in Marriage

Even though marriage can be of great financial benefits, bad money management can cause a big strain in your marriage and couples have been known to divorce because of it. Realistically speaking, one of the reasons why a woman would choose a man as a husband is because of his financial capabilities. This doesn’t necessarily mean they’re mercenary; it just means that they instinctively seek security and financial wherewithal can provide this. For some women I know of, the sole reason for leaving their husbands was because of bad financial management or carelessness.

On the other hand, some husbands work long hours on high pressure jobs because of their wife’s expensive habits which can cause feelings of resentment against their wife. A lot of people marry only for love and don’t think about money. They’re the romantically minded who believe that love will conquer all. And it will if it’s the right kind of love. But if it’s the self-seeking kind, it won’t conquer the strain that financial woes can bring into a marriage. This is why good financial management is vital to a happy marriage.