"Are you financially self-reliant?"
In our conversations all the women agreed that being self-reliant meant we needed to educate ourselves enough to provide for ourselves and our families in all facets of life. Interestingly, when I asked the women if they felt self-reliant in their family finances, many shoulders shrugged and eyes turned downward in embarrassment.
In my case, I bring in very little money for my family every month. I could easily assume that my role is to care for the home and family, but money should be my husband's responsibility because he is the one who makes it. That type of thinking is the opposite of being self-reliant.
The ladies I spoke with all agreed that they needed to educate themselves more on their finances, but it is so much easier trusting their spouse with all of it! I know it is not always fun and it takes a little more time to face the finance world, but the end result is peace of mind and confidence.
So if you want to work on financial self-reliance this month, start with 3 easy to reach goals:
1. With a notebook in hand, ask your spouse or find out yourself how much money you have in your accounts.
2. Write down what bills are paid every month and HOW they get paid (via credit card, online, paper, checking, etc.)
3. Buy a safe and put your notebook -that you will continue to write in as you go- inside it.
Easy steps that will start you on your way to self reliance.
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