Monthly Financial Meeting

  Have you ever sat down and had a monthly financial meeting within your household?......neither have I but, that is a very important meeting to have. Now I did have family meetings however, they were about actions in the household, rules to follow, changes within the household, and gathering to meet the new "dating partner" of my siblings and I (these were always the most intense lol). One thing we never had though, is meetings about the financial needs of the household. After reading an article, I am finding that it is very necessary in order to create a budget and savings for the needs of the family such as an emergency fund, vacation money, and a mad money account (in case a household loses an income). We tend to take these things for granted in this day and age because we are so "busy" but, we should all have that talk within our household so we know what the needs of the household is, what the future goals of the household are, and make sure that everyone is on the same page.

Check out this article:
http://www.thesimpledollar.com/2008/05/15/holding-a-monthly-family-financial-meeting-and-how-it-can-benefit-your-marriage-and-educate-your-children/

Til next time,

JC