Monday, November 21, 2011

Week 10

On Monday we learned about how manage the family finances. It was very informational. There are several steps to managing. The first is to pay an honest tithing because the blessings are exponential. The second is to learn to manage money before it manages you, learn self-discipline and self-restraint in money matters, use a budget, teach family members early the important of working and earning, teach children to make money decisions in keeping with their capacities to comprehend, teach each family member to contribute to the total family welfare, make education a continuing process, work toward home ownership, appropriately involve yourself in an insurance program, understand the influence of external forces on family finances and investments, and appropriately invoke yourself in a food storage and emergency preparedness program. These techniques really do help when couples first get married so they can not have hardly any financial disagreements. 

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