Family Manager

My role as the family manager requires so much, and if I do not slot out time for this role in my schedule I do not believe I would succeed.

Defining Your Role

I started this process by writing down what it meant to be a family manager, what is my job description. Here is what I came up with:

“The role of Family Manager: The family manager will develop and carry out strategies to accomplish short term and long term goals that are developed as a team by the CEO (husband) and manager (wife) of the household, using God as their ultimate source of wisdom and direction. The manager should encourage, inspire, and motivate the family to move forward together towards the the long term goals.”

Guest Post: Real Cost of Money

Part of household management is financial management. We work together on our finances in our house and work to be in agreement on our budget and plan, but my husband handles the bulk of the financial management since finances are his passion. He was kind enough to share some of his passion with us in the following post.

Real Cost of Money

The vast majority of Americans save the minimum percentage recommended for retirement or less of their income for retirement.  The rest is spent on “stuff”.  Stuff may refer to: a house (or two), a $30,000 car, electronic gadgets (+expensive contract in the case of Verizon/AT&T), a boat, or other things to fill a basement.  

It is easy to justify spending the vast majority of our income, because, we already saved for retirement (up to 15%).  This is based on the premise that we are going to work until we are 65 years old.  Rather than asking, do I have the money for this, a better question is: how much more do I have to work if I purchase this item.  I like to think of money in terms of time commitment rather.