An Alarming Statistic

In the pamphlet, "One For The Money', Elder Marvin J. Ashton gave these statistics:

"How important are money management and finances in marriage and family affairs? May I respond, “Tremendously.” The American Bar Association has indicated that 89 percent of all divorces can be traced to quarrels and accusations over money. Others have estimated that 75 percent of all divorces result from clashes over finances. Some professional counselors indicate that four out of five families are strapped with serious money problems."

That was 35 years ago, before credit was in abundant supply in our country. I believe that these stats are probably worse now.

"One For The Money" is great for all families can be ordered free through Church Distribution or downloaded here.