Running a business, just like marriage, requires humility, wisdom, and compromise. Here some key principles to guide you if you and your spouse run a small business together.
Budgeting
In planning your wedding, are you consumed by financial anxiety? Combat the stress as a team!
Having open and honest communication around money management, you and your partner can share personal goals and concerns, understand each other’s financial habits, establish alignment, and agree upon a shared vision.
Dealing with money problems in marriage can be a challenge. But the process of handling a financial crisis well — whether it’s an “act of God” or the result of poor choices — is basically the same.
Prospering as a team begins with putting all skills, assets and liabilities together to make a plan for two people to become more together than they were as individuals.
The number one reason for couples to develop a spending plan — a budget — is to reduce conflict in their marriage.
If your money situation has reached the point where you find yourself sweating the arrival of each new batch of bills — if you’re habitually operating in the red and lying awake nights wondering how you’re going to make ends meet — there’s no time like the present to take things firmly in hand.
Operating without a financial strategy may create financial disaster. Here’s how to battle the monthly budget.
God’s will and plans are not always compatible with ours. When we turn our finances over to him, we must accept his direction.
If your family struggles with making ends meet, these budget busters may be the culprit. Seize control of your monthly finances and start living in the red again.
