FAMILY MATTERS! MONEY MANAGEMENT
The head of every family must have a sound financial plan that is designed to provide for and achieve their family’s vision and goals. A lack of a financial plan will lead to financial problems that can ultimately cause the family to break down. We know that bad finances is the leading cause of divorce which can kill a marriage quicker than adultery. Times of financial hardship creates pressure that tests the integrity of a family. The head of a family, then, must develop a plan for building wealth and putting the money to work so that none of it is lost or wasted. This will ensure funds are available to meet the family’s needs in times of famine and keep the family together in times of trouble.
The key to building wealth is having knowledge of what money is and how to use it. Money is simply a vehicle that can move you from point A to point B. Just as there are principles to operating a vehicle, there are principles to operating with money to get you where you intend to go. The principles of wealth building are established in the universe so they will work for anyone who applies them. That is, they work if you work them. Family leaders who want to build wealth for their family must learn to apply these principles in order to obtain and maintain wealth.
Every corporation that achieved Fortune 500 status operates on wealth building principles and has obtained great wealth as a result. Communication is a wealth building principle. Every Fortune 500 corporation operates like a family and their leaders communicate by holding meetings to guide their family members’ actions. The purpose is to direct, correct, and protect them from gross errors or actions that could lead to costly mistakes. Another wealth building principle is agreement. Agreement is garnered to add power and peace to each employee’s efforts to realize the vision. Communication, agreement, sow and reap, unconditional love, organization, obedience, authority and stewardship are principles of wealth building. Fortune 500 families learned to apply these principles and prosper. They will also work for you, if you work them.
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