IN CHARGE - BANK OR FAMILY?

FWR Asks: Are Families Winning the Money Wars?

Our society is ruled by money. Our question is: Are our families ruled by money? With two jobs, two mortgages, two cars, two charge cards, two-for-one sales – too much. The evidence is that money rules our families.

Families need a view of their own balance sheet to see clearly if they are winning or losing in the money wars. On their balance sheet there are Givers and Takers. These lists show the two sides to see who controls the family.

The Givers - Who is Helping Families

Health Care - medicines and surgeries

Education - teaching and learning

Social Services - counseling and goods

Churches - faith teaching

Literature - Classical and modern

Work - jobs and pay

Technology - emails and phones

The Takers - Where Money is the Bottom Line

Business - profits

Governments - taxes

Media - advertising

Stores - sales

Travel and Entertainment – prices

Cars - loans and debts

Banks - loans and debts

Insurances - costs for security

With all these, the evidence of their money success is clear in every audit.

From this family balance sheet, the Takers are winning hands down. In other words, the families are working hard to stay out of debt. These Takers are so powerful, what chance does the family have to get ahead?

If families want to be more than victims, they have heavy decisions to make. They must find ways to reverse their spending and the saving ways. This will require new levels of family vision and teamwork.

FWR says:  Families have a choice - be in control or be controlled