Family finances can be one of those areas that bring you freedom or bondage.  If you allow it to bring you into bondage it can have a very negative impact on your marriage and family.  So it takes a certain discipline to focus on what is important and not get caught up on 'things' you can't afford.  If you aren't careful in your planning, the frustration can also overwhelm you so that you do things you soon regret.

I just finished reading about George Washington.  A great leader but also a very practical man.  Here's a great quote from him on family finances:  “There is no practice more dangerous than that of borrowing money;  for when money can be had in this way, repayment is seldom thought of in time, the interest becomes a moth, exertions to raise it by dint of industry cease, it comes easy and is spent freely, and many things indulged in that would never be thought of if [they were] to be purchased by the seat of the brow.  In the meantime, the debt is accumulating like a snowball in rolling.  (letter to Samuel Washington)

So that may be a little extreme for us in today's environment to never borrow money, but we can be very careful about using a process to scrutinize what we borrow.  And then we should have a plan to pay off that debt as soon as possible.  The goal is to free ourselves of debt!  Free ourselves from financial bondage.

We live in a society where principles are being taught to 'live like there's no tomorrow'...  but there is a tomorrow and you want to enjoy it by knowing you are executing your plan to get out of debt and building for tomorrow and enjoying your freedom today!

For those starting their journey in the workplace I'd recommend you stay away from the temptation of buying expensive cars, extravagant living and living off of credit cards.  Spend less than you make and don't get caught by great marketeers and buying things you can't afford!

Life is good...