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Getting Out of Debt 1: Family Finance


Family Finance
If you, like me, are the keeper of the budget, you may know just how challenging it is to get your spouse involved in making the budget and working together. If you cannot stand making budgets and they bore you out of your skull, then your personality matches my husband's. He hates it, also.
I worked with the Crown Financial Ministries program that started with Larry Burkett. I really liked the program, but I could not engage my husband or teenage / young adult son in the matter. It made working on a family budget really challenging.
Enter, Dave Ramsey. I had wanted to take the class, but in our community, the church that offered it offered it on a night we were not available. Fortunately, one of my dear friends and her husband took the course. She offered it to her friends in and outside of her church. My husband, son, and I took the course. The first DVD of the program (this is the just older program, not the newest 2012 version) got my husband and son's attention. YEA!
Is he teaching anything different from Crown Financial Ministries? No, not really. The only “big” difference is the order in which Dave Ramsey recommends paying off debt. What Dave Ramsey does well is showmanship. This is what my husband and son needed. He gave them a reason to be interested in making a budget. He gave them a reason to save, especially showing the numbers for a young man starting to save $2000 per year at age 20 versus waiting until age 26 to do the same. Lucky Charms got that message. The only downside is that Lucky Charms is rather impulsive still and wants things “now” rather than saving, so he leans toward wanting to get a loan, though fortunately, when he does, it tends to be short-term loans. He is contemplating consequences and costs more thoroughly, though.
If you and your spouse, if you are married, (or fiancĂ©e / financĂ© if  engaged) have not yet taken this course, I highly recommend taking it. It may take time to get the program to work for your family with ups and downs in family financial circumstances, but keep working at it. You will be blessed and you will see those debts dwindle down and your capacity for providing for your needs and wants – and long-term future – increase.
What has been your most successful method for getting your family on a budget? Who inspires you?

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