A case of financial intelligence for wives and mothers
The coaching experiences of marriage relationships have made me aware that many husbands do not involve their wives in family financial decisions. Unfortunately, I have learned from these experiences that these husbands feel that their wives waste money and cannot be trusted family financial administration.
These husbands are quick to claim that their wives have no money management skills. The vehemence of these men made me question my own philosophy of involving my wife in all my financial dealings. A superficial look at my financial situation, achievements – materials and of another – was sufficient elementary evidence that they are wrong compared to the situation and achievement of these cases that I know.
However, I felt that there is the possibility that I am not seeing the complete picture, since one or two more aspects of my life may have given me the material advantage that I seem to have over these men. Some of these are my peers and contemporaries, while others are my superiors and those below me.
A common denominator among men who believe that their wives should not be involved in family financial administration is that they do not have that critical combination of wealth, peace and harmony at home. Where they have more materials than I do, they have nothing that can be called home in the world’s sense. These men prefer to hang out in bars, date the other woman, or stay at work long after business closes; he has just escaped from the confrontation of his wives.
It would be a big topic for some scientific study to investigate what kind of family financial management produces better peace, harmony and wealth for the family.
In my opinion, wives and mothers require hands-on experience in managing family finances. They wouldn’t use anyone else’s money to learn that. It would be the family money earned by the husband or by herself. The husbands who complain that her wives are mismanage the money in the end will lose if she does not learn to administer the money from the beginning wasting part of her money as part of the learning process. Men waste more than women. It is a matter of trust. If a woman knows that she is entrusted to her and that her home is truly her home because of her husband’s fidelity, she will be a champion in all things.
Meanwhile, here are two great reasons why wives and mothers must have practical experience in financial intelligence:
· Death – immediate or not: Premature death is the reason why people buy insurance coverage. The intent is to ensure that loved ones are not left in financial distress after your death. Experience indicates that a household needs more than a large amount of cash to be wealthy, comfortable, or financially secure. It has been found that financial intelligence and money management skills are fundamental to what happens with family finances and beyond the purchasing power of the family. This thinking is consistent with the fact that it is not how much money one makes that makes one rich, but how much one could save. A man’s wealth, hard work and name can be ruined by sudden death if his wife lacks financial intelligence and the ability to manage money and wealth. All the wealth, including the insurance money, would be wasted in a matter of months, leaving the entire family destitute. If the deceased’s wife has practice in financial management from the trust her husband gave her in financial matters when he was alive, she would do much better with these resources.
· Peace and comfort in the home: One of the household situations where the wife has no financial capacity or power is that of constant quarrels, a feeling of insecurity and lack of peace. The worst place to raise children that a man expects him to represent his name and place in society is a house where the wife and mother are alienated because the finances are not entrusted. In households where man is threateningly rich and powerful, the woman transfers her aggression to children and home help and this removes the peace and comfort of that home. When man is a man who struggles and does not know that his family’s finances would have been better handled by a financially intelligent wife and gives money to the wife to buy soap, fish and some cups of rice every time, the wife will live with the thought that she is not trusted. She would conclude that the lack of trust is due to the lack of love. She would look elsewhere for love and trust and you can imagine the rest.
The common complaint from men who don’t want to involve their wives in family financial management is that their wives don’t know how to manage money. And my question is: how could you do it if you don’t give it a chance? No one comes to the world with financial magic. The world’s top financial wizards have had to learn it through trial and error. Women in the corporate world have proven to be just as financially savvy as any man.
Regardless of how well you give to a wife but do not trust her, it would be difficult for her to appreciate your love or claim for love for her. The truth is that trust precedes love. You can’t love someone you don’t trust and it’s better to trust than to be loved and women of all cultures know this.
One of the most obvious ways to show confidence to a woman is by giving her financial freedom. Granted, there could be financial losses in the process, but there is no other way for a wife or someone to learn financial intelligence and gain money management skills, except that she or he is managing money and has made one or more mistakes. in the process. There is no difference between you and her in the learning process.
Give it a try.
