This pandemic taught us a lot of lesson in life. We appreciated little things that we didnt noticed in the past. We learned to love and be kind to others especially the one who needs help during this pandemic. It is also a realization to us that saving money is very important so that when unexpected problems or crisis happened you have a savings that will sustain your needs as individual.
We need money to survive. It is our daily need to provide our necessities. Money is one of the essentials when it comes on building a family. I am not saying that you need to be financially stable to be able to build a family because I can say that we are not financially stable when we got married but it's more better when you are.
During married life, couple has to decide about money matters. Sometimes it is also the cause of other couple to start a discussion and then turned to arguments that will causes problems on the relationship. Dont let that money ruined your relationship . Discuss it properly and decide on how the both of you budget the household money properly.
Planned Carefully
When we are planning to build a house , did we say to the Engineers and Foreman to build it already without knowing how much it cost and how to do the contruction of the house? Ofcourse, we dont do that. The first thing that we have to do is planning, know the cost of the materials, the wages of the builders and also if your money will be enough to build that house.
Is one person responsible for that? Is your husband will be only one to decide about it? The answer is no. Both of you needs to decide and plan on how the money will be consumed on building that house. It is also important to know the cost of building and the amount of money on your savings. For example , you have 1 million pesos on your bank account. Do you invest all of your savings to build that house? How about your other expenses? It is so important you have always a spare money to avoid borrowing money to others.
Be honest and realistic
In our day to day life, the word honestly is very important. Always tell you partner your exact salary and also your expenses. Some of the wives I know are keeping the ATM card of their husband but in my case I let my husband keep his ATM card and not asking him about his salary but you know what? Even if I refused to see the amount of his salary, he always updated me and give his payslip even if I didint asked for it. I know some of you might ask, it is truly important? Yes, it's important because you are now a couple and his money are your money too. Its not his money anymore but its called a household money.
Always consult your partner first because doing a decision. For example you want to buy an appliance , consult him first before doing that to avoid conflicts and misunderstanding.
You can also do this :
If you have excess money on the end of the month, talked about how you will do in the money. If you will put it as your savings or spend it on your wants.
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If you are lack of budget, also make plans on how to reduced your expenses. For example. Drink an instant coffee instead of buying a coffee in Starbucks 😄
Decide/Set the desired amount of money that can be spend without the consent of your partner.
Even though the money is important in our lives, dont let the money be the cause of misunderstanding and stressed to us. We dont need a lot of money to be able to be happy. Money cant reciprocate the importance of the family. Let's be contented on the things we have and dont look for the things that we dont have. Let's be contented and be greatful on the blessings that we have recieved.
Good article.thanks for sharing us.