To bring the family budget back on track, the cooperation of the entire family is needed. Everyone needs to know and implement some money management plan.
There are times in our lives when we experience a financial slump. The father and mother work hard, sometimes extending over time, just to earn some extra buck. But the kids have no idea what their parents are going through. Or it’s the husband who feels burdened, while the wife and the rest of the family continue to enjoy luxuries.
A family is a cooperation. Everyone has a role to fill in as well as responsibilities to fulfill. Of course, children’s roles are not as difficult as parents. But they need to understand the situation of the family.
In our family, we have young daughters, ages 9 and 4. In terms that they can understand, we tell them our financial situation. We are not exactly wealthy. But they are children of hard working parents. They may not have a lot of luxuries, but we live quite comfortably.
We allow for toys and travel, but they know that after that, we also need to save again in order to reach whatever we want to achieve.
Recently, I have seen people on my FB feed complaining about the inflation. Everything is just so expensive these days that budgets were really affected.
While we cannot really do much about what’s going on in our society, we can control the happenings in our family. Honestly, we may have to sacrifice some things in order to make both ends meet. We may have to give up some luxuries and the kids need to understand that. Usually, some of the things that are given up at times like these would be cable connection, taxi rides, and even movie dates. This will give way to children’s requirements in school, food, and utilities, as these are priorities.
If you don’t want to sacrifice your lifestyle, then the best thing to do is to find extra income.
Thankfully, there are so many things that we can do and so many opportunities available. Our children, depending on their age, can help, too. They can sell old stuff or create new things to sell.
Meanwhile, parents can make extra bucks online or they can also sell stuff. They can do this off work, so as not to disrupt their regular source of income.
Another option is to become a Sun Life Advisor. As a financial consultant, you get to earn extra income while keeping your time flexible. You can do this while on your days off.
But it also has the potential of creating a bigger income for you, thus, you might eventually have to leave your job in order to focus on being a consultant.
As a Sun Life financial advisor, you get trained. So aside from earning, you also learn how to effectively manage your finances and put your money where it will grow. Money management is essential to have a good life now and have a bright future for your family.
Additionally, you get to enjoy rewards as well, things that you only used to dream of. Some of these things would be some premium gadgets, travels abroad, or a new car. It’s really a win-win situation for you.
Becoming a Sun Life Advisor is pretty easy. But you also need to be able to pass the matching process. Let’s face it, not everyone is cut out to be in this field. But if you like money management, you might find success here. Just give it a shot.
Visit the Sun Life website for more information: https://www.sunlife.com.ph
Times are hard. But with some family cooperation, money management in the family will be a breeze. We can survive and pull this through.
Watch this nice video by Lexplorations on Youtube.