Budgeting Tips for Couples During the New Normal | Beyond Small Talk

Calling all husbands and wives!

Are you looking for practical ways to successfully manage your family’s finances amid the pandemic?

If you want to pave the road for better money management onto the new normal, check out these helpful budgeting tips from motivational speakers and Beyond Small Talk guests Vic and Avelynn Garcia:

1. Practice conjugal spending

Even after tying the knot, a lot of couples still have separate properties, separate spending priorities, and yes – separate bills to pay.

But did you know that this practice does more harm than good in your marriage?

Splitting bills and expenses divides your marriage’s spending power. It might also lead to other financial risks, such as borrowing money from each other when one goes broke. Worse, what if both of you go broke?

To foster financial security and trustVic and Avelynn suggest that couples must learn how to practice combining all your resources and spending them in a way that is agreed on by both sides.

Because they have separate money, they tend to buy whatever they want without having to tell their spouse. When you are already married, the husband’s income also belongs to his wife, and the wife’s income also belongs to her husband. That’s why we are encouraging you to combine your money and practice conjugal spending, says Vic.  

 2. Practice triangle spending

Before you spend your hard-earned money, don’t just ask your spouse on how you can spend wisely – ask God, too.

Your attitude toward money says a lot about how you value your marriage. Most importantly, it also reflects how you value God and the resources that He entrusted to your household. 

It’s never too late to include God in the equation. 

Pray that He guides you and your spouse in handling your family’s budget, and gives you the strength to follow His plan for your finances. Be in faith that your family can withstand any crisis – all with the help of your generous Heavenly Father. 

“A person standing alone can be attacked and defeated, but two can stand back-to-back and conquer. Three are even better, for a triple-braided cord is not easily broken.” (Ecclesiastes 4:12 NLT)

Are you experiencing financial struggles in your marriage right now?

Allow us to pray for you. Feel free to call the CBN Asia Prayer Center at 8737-0700 or send in your prayer requests to our Facebook page.

We have more financial tips for you! Don’t forget to watch the next webisodes of Beyond Small Talk this Saturday, September 12, 2020, at 7:00 PM on The 700 Club Asia Facebook page and YouTube Channel.

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