Week 10
This week we learned a lot about finances and the effect that they have on the family. We discussed as a class the fact that working outside of the home is actually more damaging to the family than it is worth. The following are some the things that we discussed:
Sometimes an additional income is not actually the best
option for a family
- - often the families end up earning less after accounting for the expenses associated with both working
- - Family- paying 40,500 for her to go to work with car and such
- Its typical for a second earner to average 1$ or less each hour
Specific
practices/principles that would have a good impact on the family:
1 .
Pay an honest tithing
a.
Can actually strengthen families
b.
Takes care of more than just the physical needs
c.
Should begin young
d.
Work to recognize the blessings
2.
Self discipline and restraint
3.
Budgeting- teach children to budget
a.
Reduce conflict
b.
Prioritize
c.
Rewards come- especially in time of conflict
d.
Able to save a lot of money
4.
Eliminating debt
a.
Going into debt carefully
b.
Relieve stress
5.
Teach children to work
a.
Shows good example
b.
Build resilience
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