|Terry Rigg is the editor of the Budget Stretcher Newsletter. The
Budget Stretcher Newsletter is published monthly and is loaded with
information that will save you time and money everyday. Go to
http://www.homemoneyhelp.com for more information.
you are single and don't have kids this tip won't mean much to you.
For the rest of us that have others to consider when making money
decisions it just may make things a little easier.
I guess the best knock-down, drag-out
fights my wife and I ever had was about money. No, it never came to
blows because she's meaner than I am. Believe me you can have a lot
of fights in almost 40 years.
At some point we realized that it
wasn't accomplishing anything. We still didn't have any money but we
never earned a nickel fighting about it.
To get a handle on your finances it
is going to take a team effort. The whole family has to be working
in the same direction.
My suggestion would be to sit down
and talk your money situation over with your spouse and the kids.
It's important for everybody in the family to know what is going on.
You may be surprised at what the kids
will come up with.
When I bought my first house I made a
miscalculation on how much I would need to come up with for the down
payment. When I realized it we had maxed out our credit cards and
wasn't sure where we would get the rest of the money.
My wife and I discussed this with the
kids and they offered to baby-sit and mow lawns. They came up with
enough to cover the down payment. I'll never forget how proud that
made them feel and how proud we were of them.
All too often one person in the
family is strapped with making the money decisions. This is a great
idea and the best way to keep things organized but they shouldn't
take all the blame when something doesn't work out.
A family solves difficult problems
everyday. Money is just one of them.