Today’s lesson in Personal Finance is one of my favorites. I’m getting ready for class at the Bauer College of Business at University of Houston and I’m reading some old class notes from Extra Credit assignments. Here’s what one student wrote about today’s session:
How You Manage Money and Relationships
This lesson did a great job of establishing the principle that money affects every relationship in your life because spending habits are inherently personal.
The Sexy Way to Not Manage Money
Whether you’re in a romantic relationship, have a college roommate, or want to keep a healthy relationship with your parents, you need to be a responsible human being, and part of that is knowing how to deal with money. In the case of a relationship, it’s hard enough to deal with someone you intend to spend the next couple months, years, or even your whole life with as a partner. Not knowing how to budget your money can put you in unnecessary debt that obviously adds to the stress of living with your girlfriend. Paying rent creates a landlord tenant relationship and nobody thinks their landlord is sexy.
Common Goals Create Uncommon Bonds
More than anything, this lesson inspired me to make a budget with my girlfriend if we ever decide to live together. I actually really want to show her a couple principles from this session in order to establish a common interest in being financially responsible together.
Jim and Connie’s Storyline
Today’s lesson includes an epic storyline. Jim and Connie’s story is about two characters who wanted something and were willing to overcome conflict to get it. We did it – together; I wish you were able to join me in class today. This is my favorite lesson to teach at the Bauer College of Business at University of Houston because this lesson gives me the chance to talk about the love of my life and how God has blessed us beyond anything I ever imagined.