MAIN TEXT: Prov.27:20-22
Hell and destruction are never full;
so the eyes of man are never satisfied. (Prov.27:20)
On a normal day, no family has got enough financial resources.
When you get married, you will discover that however much you are both earning, it is not enough for all that you may want to do. Even in situations where your parents are wealthy or providence smiles on you and you come into the possession of a lot of money, you will still discover that it is not everything that you may want to do that you will be able to do because there will be financial limitations somehow. You should not be surprised; you are not alone in it. It appears that the first fundamental principles of economics are also at work even in your new home. We are told that the wants of every human being far outweigh their resources. Due to this, you have to choose based on the scarce resources available to you, so that you may end up using your resources wisely. In doing this, there is opportunity cost, which is the alternative that you have to forgo, in making your choice.
In a lot of cases, the issue of scarce resources causes a lot of problems in a home where there is no understanding about the fact that the problem is not unique to them.
Many get it wrong by making the most attractive choices, but you will get to know that in marriage, it is not about the most attractive choices but the most useful choices.
Two major reasons why making the right financial choice is of vital importance in marriage.
The future well-being of your family depends on it.
Making the right financial choices has a definite effect on the future wellbeing of your family. For instance, if you make financial choices that does not allow you to give your children the right kind of education that you are supposed to give them, it will affect all of you in the future. If for instance, as a man, you decide to be a playboy even when you are married and you are spending your resources on pleasure while your mates are raising their families and building or buying their own homes, by the time you realize that you got it wrong, it may be too late as you may find yourself struggling to do things that your mates have achieved earlier.
It helps you to avoid financial embarrassment.
There are times that advertisement or the lifestyle of others may lure you into making financial choices that make you to be indebted for a prolonged period of time. When the percentage of your income spent on servicing loan is too high for comfort, it leads to financial difficulties and embarrassment for the family.
Making the right financial decisions in view of limited resources is of vital importance in a family because the effect of wrong choices will not be on you alone but definitely on your spouse and the children.
DISCUSSION POINTS WITH YOUR SPOUSE
• Are there choices we are making now that are though attractive are not the appropriate ones for us at this stage of our marriage?
• Do we consult each other before making significant financial decisions?
May we always be able to make the right financial decisions in Jesus’ name.
IF YOU ARE ALWAYS MAKING THE MOST ATTRACTIVE BUT NOT APPROPRIATE FINANCIAL CHOICES, YOU WILL SOON RUN YOUR FAMILY INTO FINANCIAL EMBARRASSMENT. – Dr. Mike Oluniyi