Financial Management In The Home
With joy unspeakable full of glory, I sincerely welcome you to this life-changing and destiny-moulding column. I count it a very great privilege to be sharing God's Word with you. I am full of excitement, because of the great and mighty things God has in store for you. It is so loaded and full of fat things. You will not miss your own portion, in Jesus' name!
It is important to understand the place of money in marriage, to avoid tension. The Word of God says: For wisdom is a defence, and money is a defence... (Ecclesiastes 7:12). Money is simply a medium of exchange. It is required to live comfortably on the earth. It is a defence, because with it you are not embarrassed.
However, handling finances is a very sensitive area in the home for couples. It is, therefore, crucial to talk on Financial Management in the Home this month. It is my prayer that as you open your heart to receive and act on God's Word concerning your family today, your marriage and home will experience a positive transformation, in Jesus' mighty name. Amen!
To the men: Right from the time God blessed Adam with a wife, he has been the head of the family. This also placed upon him the responsibility of providing for his household. The Bible says: But if any provide not for his own, and specially for those of his own house, he hath denied the faith, and is worse than an infidel (1 Timothy 5:8).
So, by God's arrangement, the husband is to provide for his family. He is the one who must ensure there is food for members of his family. He must ensure his family members are well taken care of, especially his immediate family members (Song of Solomon 1:6).
Therefore, the man must labour with his hands, especially as a married man; you cannot afford to be lazy. Your hands must be working hands. There is dignity in labour. The Book of Proverbs 13:11 says: Wealth gotten by vanity shall be diminished: but he that gathereth by labour shall increase.
God is serious about the need for men to rise up to their God-given roles, even in this day and age, where women also work to help make ends meet. A man who is too slothful to find gainful employment should not eat. The Word of God says: For even when we were with you, this we commanded you, that if any would not work, neither should he eat (2 Thessalonians 3:10).
The man is responsible for catering for his wife and children. If he fails in this duty, he is a failure indeed! It is a curse for the wife to take on this responsibility.
To the women: Everything she has belongs to her husband, even her income. If she is employed outside the home, she must submit all to him. This does not mean that she may not have her own separate account, if they both agree to this. But by divine order, this account also belongs to him.
There should be no "his" and "hers" in family finance. Both should have access to each other's money. Where there's a joint account, no one should spend money without informing the other. At an agreed date, both partners can come together to plan the family budget, mapping out how much should be spent on food, children and each other, as well as paying electricity bills, etc. It is refusing to work together as a team that places families under tension.
Trust is the key word in family finance. Husband and wife must trust each other enough, to put their money together and be prudent in spending it. Note that accountability helps boost trust. Where no one wants to be accountable to the other, there will be no progress financially. The virtuous woman in Proverbs 31 is trustworthy. The Bible says: The heart of her husband doth safely trust in her... (Proverbs 31:11).
You can earn each other's trust, causing your hearts to be perfectly at rest. A man cannot win his wife's trust, if he selfishly spends all the money on new clothes and the likes on himself. His wife might also begin to sneak out with money from the feeding allowance to buy her personal things.
A good place to start in building up trust in one another, is by being open about your monthly income. If you lie about it, you are only opening the way for the enemy. A man shouldn't shift the responsibility of handling financial management in the Home to the woman alone. He may assign a portion of it to her, but should not abandon his responsibility and then turn around to blame her half way through the month, if the money is not sufficient.
For you to be able to trust your spouse fully, you must have the mind and nature of Christ. This can only be possible, when you confess your sins and accept Jesus as your Lord and personal Saviour. If you are ready to be born again, please say this simple prayer with me, in faith: Dear Lord Jesus, I come to You today. I believe You died and rose again for my sake. Forgive me of my sins, take over my life, make me Your child and let Your peace reign over my life. Thank you for saving me. Now I know I am born again.
Congratulations, you are now born again! I believe that you will begin to experience the reality of the price that Jesus paid for your sins at Calvary. All-round rest and peace are guaranteed you, in Jesus' Name!
Call or write, and share your testimonies with me through:
E-mail: firstname.lastname@example.org Tel. No: 08141320204; 07026385437; 07094254102
For more insight, these books authored by me are available at the Dominion Bookstores in all Living Faith Churches and other leading Christian bookstores: Marriage Covenant, Making Marriage Work, Single With A Difference, Building A Successful Family, and Success In Marriage (Co-Authored with Bishop David Oyedepo).