

Money and Fear
No recession in heaven, He owns & controls everything. In heaven, worrying about money & fear doesn’t make sense. On earth, we all just need to ask God to provide! He enjoys providing for the faithful.
“Faith is essential in your success. Faith is needed in almost every area of our lives: work, projects, and small business endeavors,” – Alex Cook
Couples always talk about the joys of raising a child. Holding your baby for the first time. Lulling that little bundle of joy to sleep. And how about their first words and first step? The joys are endless (and so are the costs).
Family experts remind couples to open their eyes to the financial (costs) responsibility that comes with raising a child. According to statistics released by the United States Department of Agriculture, a middle-income couple would have to spend roughly $245,000 to raise a child up to the age of 18.
These costs include projected expenses on food, housing, transportation, healthcare, education, and miscellaneous items, among others.
In the Philippines, the price of food and healthcare continue to soar. Child tuition fees and miscellaneous expenses like clothing are non-negotiable cost-drivers for most couples. Extended families are also a norm in the country, which can draw household expenses higher.
This is why experts and long-time parents advice new couples to plan and save ahead for the inevitable expenses of raising a child.
“Having a baby is a huge life change. You are going to have unexpected things come up. Having that extra savings can help a lot,” said Matt Becker, founder of planning firm Mom and Dad Money in a report by CNN Money.
Parents want the best for their children and being money-wise and responsible in saving does not mean depriving kids of a happy childhood. It’s all about being strategic and creative with it.
Below are quick tips that can ease a couple’s financial burden in raising a child.
But despite possible financial woes that come with raising a child, the Bible did promise that “Sons are a blessing from the Lord, children a reward from Him.” At the end of the day, with responsible parenting, strategic budgeting, and Christ-centered family values, couples can rest in God’s mercy and grace.
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No recession in heaven, He owns & controls everything. In heaven, worrying about money & fear doesn’t make sense. On earth, we all just need to ask God to provide! He enjoys providing for the faithful.
If you understand that the wealth you have right now is God’s money, then you should start thinking about passing it with a purposeful sense.
Protecting our wealth really means protecting our families and ourselves from these financial hardships that have a setback to our finances.
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