The majority of us know what it’s like to struggle with money issues. And it’s true that when financial stresses arise, pain comes with it. Family life may be dominated by anxiety and fear. This is why it’s important to learn 4 Insights to Help Family Life, when Financial Pressures come.
1. Don’t Panic. Do you feel there’s too much month left at the end of your money? If so, then determine not to allow fear about your past recklessness to rule you. Panic harms you mentally, emotionally, and physically. Plus, it hurts your family life. Heed Journalist, David Ignatius’ insight, “Panic is a natural human response to danger, but it’s one that severely compounds the risk.”
2. Make a Vow to Get and Stay Out of Debt. Vow to rid yourself of debt, then have your family agree to never get in this fix again and start winning over debt. What financial expert, David Ramsey, writes is so true: “You can’t be in debt and win. It just won’t work.”
3. Find Someone to Help You. Explain to your family that you seek an outsider to come along and guide the household on debt-removal. This accountability partner’s role is to insure you in consistently following a plan of action. Look for an individual who is wise in guiding your progress. Also, remind yourself of what author Steven Covey says “Accountability breeds response-ability.” Ask each family member to constantly value that truth.
4. Give Your Financial Situation to God. The wisest decision you can make about debt or other financial difficulties involves surrendering your finances to God. Tell your family that the Lord is using financial pressure to get your attention. Allow Jesus to be Lord over your family and bring the financial house in order. The first step means you trust the Lord and tithe a portion of your income to Christ and His church.
Apply in your family life what UCLA basketball coach, John Wooden, once said, “The most important thing in the world is family and love. Since this is true, don’t allow the weight of debt bring fear and stress in your family life. Get out and stay out of debt.”