• About Us
  • Privacy Policy
  • Terms of Use
  • Advertise With Us
  • Contact Us
Saturday, December 14, 2019
No Result
View All Result
Our Storis Online
Advertisement
  • Home
  • Labour
  • Health
  • Relationship
  • Religion
  • Crime
  • Accidents
  • Story For My Age Group
    • All
    • Age Group 15-24
    • Age Group 25-34
    • Age Group 35-49
    • Age Group 50 and Above
    What if Someone You Love Dies? [Part 1]

    What if Someone You Love Dies? [Part 1]

    How to Control Spending

    How to Control Spending

    How Can I Get Better Grades?

    How Can I Get Better Grades?

    What if I’m Addicted to Pornography?

    What if I’m Addicted to Pornography?

    Young People Ask: Am I ready to date?

    Young People Ask: Am I ready to date?

    Trending Tags

    • Dreams
    • Choices
    • Marriage
    • Tragedy
    • Life
  • Family Happiness
  • Stories that Inspire
  • Home
  • Labour
  • Health
  • Relationship
  • Religion
  • Crime
  • Accidents
  • Story For My Age Group
    • All
    • Age Group 15-24
    • Age Group 25-34
    • Age Group 35-49
    • Age Group 50 and Above
    What if Someone You Love Dies? [Part 1]

    What if Someone You Love Dies? [Part 1]

    How to Control Spending

    How to Control Spending

    How Can I Get Better Grades?

    How Can I Get Better Grades?

    What if I’m Addicted to Pornography?

    What if I’m Addicted to Pornography?

    Young People Ask: Am I ready to date?

    Young People Ask: Am I ready to date?

    Trending Tags

    • Dreams
    • Choices
    • Marriage
    • Tragedy
    • Life
  • Family Happiness
  • Stories that Inspire
No Result
View All Result
Our Storis Online
No Result
View All Result
Home Story For My Age Group Age Group 35-49

How to Control Spending

30 January, 2019
in Age Group 35-49
5 0
How to Control Spending

black locked wallet on the white background

Share on FacebookShare on Twitter

THE CHALLENGE

A look at your bank statements and bills reveals that your money is slipping away like sand that slips through your fingers. You have been married for only a short time, and your spending is out of control. Is your spouse to blame? Not so fast! Think as a team, and consider some factors that may have caused both of you to get into this predicament. *

WHY IT HAPPENS

Adjustment. If you were living at home before you got married, you may be new to the world of paying bills and sharing expenses. It could also be that you and your spouse have different approaches to money. For example, one might be more inclined to spend while the other is more inclined to save. It takes time for a couple to adjust and develop an agreed-upon method of handling money.

Like weeds in a garden, debt that is ignored will simply grow—and grow

Procrastination. Jim, now a successful businessman, admits that when he was a newlywed, his poor organizational skills cost him dearly. “Because I delayed paying bills,” he says, “my wife and I ended up spending thousands of dollars in late fees. We ran out of money!”

The “invisible money” trap. It is easy to overspend when you cannot see the money leaving your wallet or purse. That may be the case if you handle most of your transactions by credit or debit card, Internet purchasing, and electronic banking. The lure of easy credit can also make it easy for newlyweds to overspend.

Whatever the cause, money issues can tear at the seams of your marriage. “Most couples report money as a top problem, no matter how much they have,” says the book Fighting for Your Marriage. “Money is a ripe area for conflict.”

WHAT YOU CAN DO

Resolve to cooperate. Instead of blaming each other, work as a team to bring spending under control. Decide at the outset that you will not allow this issue to drive a wedge between you.—Bible principle: Ephesians 4:32.

Set up a budget. Write down all of your expenses, no matter how small, for a month. That will help you to figure out where your money is going and to identify any unnecessary expenditures. “You have to stop the bleeding,” says Jim, quoted earlier. “That’s a saying in medicine and in business.”

Make a list of your necessary expenses, including food, clothing, rent or mortgage, car payments, and the like. Put a ‘price tag’ next to each category, projecting how much it will cost you within a given time, perhaps a month.—Bible principle: Luke 14:28.

“The borrower is a slave to the lender.”—Proverbs 22:7

Allocate funds each month for separate expenses (food, rent, fuel, and so forth). Some do this by putting cash in envelopes, one for each expense category. * If an envelope becomes depleted, they will either stop spending in that category or transfer money from another envelope.

Rethink your view of possessions. Happiness does not depend on having the latest things. After all, Jesus said: “Even when a person has an abundance, his life does not result from the things he possesses.” (Luke 12:15) Often, your spending habits indicate whether you believe those words.—Bible principle: 1 Timothy 6:8.

Make adjustments. “Things like cable TV and going out to eat may sound affordable at first, but they can hurt financially in the long run,” says Aaron, who has been married for two years. “We had to learn to say no to some things in order to live within our means.”

Credit: jw.org

Share3Tweet1SendShareShare1

Related Posts

I need a work

Dear Admin, How About if I Am Unemployed in my Mid 40s?

11 months ago
41
Next Post
What if Someone You Love Dies? [Part 1]

What if Someone You Love Dies? [Part 1]

Stay Connected Online

  • 237 Fan
  • 28 Follower
  • 3 Follower
  • 158 Subscriber

Recent Post

Of the Takoradi DNA Results: The public-police confidence and the unanswered questions

Four questions the IGP didn’t answer after the Takoradi missing girls DNA test result

17 September, 2019
152
Of the Takoradi DNA Results: The public-police confidence and the unanswered questions

Of the Takoradi DNA Results: The public-police confidence and the unanswered questions

17 September, 2019
137
NPP Primaries: Ellembelle delegates accuse candidate of deceit

NPP Primaries: Ellembelle delegates accuse candidate of deceit

12 September, 2019
34
Our Storis Online

We offer that platform to share your real stories that go unoticed to mainstream media for lessons and educational purposes.

Follow Us Now

Recent Tag

Ahmed (1) Anas (1) Betrayal (2) BringBackOurTaadiGirls (2) Choices (1) Defilement (1) Dreams (3) Fate (6) galamsey (1) Galamsey Fraud (1) Gas Explosion (1) Happiness (1) IamAnas (1) Inspiration (1) JournalismNotACrime (1) kidnapping (2) Life (2) Love (2) Marriage (3) Scam (1) SONA19 (1) Tragedy (6)

Get Notified!

Copyright © 2019 OurStorisOnline - All Rights Reserved | Designed by Softboxx

  • About Us
  • Privacy Policy
  • Terms of Use
  • Advertise With Us
  • Contact Us
No Result
View All Result
  • Home
  • Labour
  • Health
  • Relationship
  • Religion
  • Crime
  • Accidents
  • Family Happiness
  • Story For My Age Group
  • Stories that Inspire

Copyright © 2019 OurStorisOnline - All Rights Reserved | Designed by Softboxx

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error:
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy Page.