Author Topic: Managing Finance In a Christian Home  (Read 6757 times)

Offline brotee

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Managing Finance In a Christian Home
« on: June 13, 2010, 07:15:58 PM »
I got talking with some christian friends and this following questions came up:

1. Should a husband reveal everything about his finances to his wife?
2. Should a man allow his wife to manage the family finance?

There were so much arguments and counter arguments both ways. I will like to hear your views. Cheers.
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Offline scribe

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Re: Managing Finance In a Christian Home
« Reply #1 on: June 14, 2010, 09:48:54 AM »
To question number 1, my answer is YES, but with conditions.
1. He must ensure the wife understands what financial management for homes is all about.

2. Proper financial budget should be prepared and followed strictly.

3. Allowances should be created for each individual to cater for miscellaneous expenses that doesn't really warrant deliberations. It is important that each of the spouse have some freedom to spend some amount of money monthly or weekly without scrutiny.

To question number 2, my answer is YES. If the wife is a better financial manager, she should handle the management of the fund while the man act as the CEO  :D