Money problems can extend to every aspect of a family’s life. A conservative use of money, combined with ways of making the cash stretch further, can improve every aspect of a family’s life, instead.
Less Marital Problems
A lack of money is not the cause of all marital problems, but it doesn’t help. If you don’t know how you are going to pay for this month’s rent, medical bills, or your child’s class field trip, it causes stress. A couple starts blaming each other. One should have made more. The other should have spent less. They say things they don’t mean. Eventually they figure it out, but next month is coming and they both know it.
A frugal lifestyle may not fix all money issues, but it reduces the amount of bickering it can cause. Both work hard, while clipping coupons and finding deals. They are in this together rather than trying to figure out where to lay the blame.
Children Have Healthier Money View
It’s nice that our children know that money doesn’t grow on trees. We also want them to know that money is not a defining factor in their lives. Money does not make them better or worse than anyone else. It is a tool that helps us get to where we are going. They will know better than to bury themselves under a mountain of debt in their twenties. They will also know how to enjoy a small splurge within a budget rather than go overboard and live in denial about their money reality.
When a frugal family is light on money you can really feel it. They don’t fall back on loans and credit cards unless there is no other way to meet their family needs. They will also go to great lengths to avoid that position. They will sell crafts, raise chickens, plant gardens, and even find ways to make money they hadn’t known were possible. Being short on money does not have to mean being short on solutions and there’s no better way to learn that than to live it.
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