Seminar presentation looking at money, time, and relationship management, as they relate to parenting and faith.

1. Women
Empowerment
for Effective
Parenting
Time Money
Relationships
Celia P. Munson, BCCC
Bukal Life Care

2. So teach us to number
our days, that we may
apply our hearts unto
wisdom.
-Psalm 90:12

3. One week has 168 Hours
If you give yourself
56 hours to sleep…
That leaves 112 Hours.
How do you use those hours?

4. Strategies to handle 112 hours
1. Determine what is most important to you.
2. Have a prioritized “To-Do” List. “A” priority
items are important and should be done today..
“B” priority are important but not as time
dependent. “C” priority are of lesser importance.
3. As much as possible do “A” items before “B”
items, and “B” items before “C.”
4. Take 15 minutes a day to update your “To-Do”
list and make a schedule for the day.

5. Strategies to handle 112 hours
5. Schedule “down-time” for self-care. This is at
least a “B” priority.
6. When others want you to do something, ask
“What needs to be done?” “When does it need
to be done?” and “How important is it?”
7. Become comfortable with “No” and “Not
Yet.”
8. When you get something done that is
important, enjoy the feeling of crossing it off the
list.

6. Additional Timely Notes
---Don't rely on memory. It is inefficient with time,
and is stressful.
---You will “spend” time, you have no choice. If
you don't control how it is spent, someone else
will spend it for you.
--To learn about someone else (or about
oneself), discover how he or she spends money
as well as time.
-Watch out for the “tyranny of the urgent.”

7. MONEY

8. Money
Few people say that they have enough money.
Even fewer say that they need less money.
But many people are unable to handle the
money that they have.
Consider...

9. Emotional Spending
Emotional spenders budget based on how they
feel at the time rather than based on sound
financial planning practices. Essentially, they
don't budget.
-Emotional spenders buy lottery tickets when their
finances are poor.
-Emotional spenders often get lured into “get
rich” gimmicks like Pyramid, Ponzi Schemes, or
Paluwagan.
In the US, 1/3 of lottery winners eventually
declare bankruptcy. They never learned to
handle money.

10. No Budget Plan?
Many people say, “I don't need a budget plan
because I am too poor. I don't have money to
budget.”
Actually, the less money one has, the more
important it is to carefully plan and budget. That
is because each peso matters.
People who don't budget are ill-prepared for
“rainy days.” They also tend to find that even
when they have more money coming in, they
are not doing better financially. Their spending
tends to move up as their income moves up.

11. Budget Plan
There are many good budget plans out there.
Here is one we used shortly after we got married.
Give 10% of what we make to God
Give 10% of what we make to ourselves (savings
and emergency)
Live off of the remaining 80%

12. Example:

13. Other Columns
-Transportation
-Entertainment
-Insurance (medical, life, atbp.)
-Clothing
<Set up columns that make sense for your
specific family needs. For example if you own a
vehicle, then have columns for car
payments/registration, maintenance, and fuel.>

14. Borrowing
-Failure to properly budget tends to drive people
into debt and borrowing. Unfortunately, such
borrowing is likely to impoverish the borrower,
and enrich the lender.
The common practice of “5/6” loans often
involve interest of hundreds of percent per year.
It is better to have some savings such as in a
cooperative, credit union or bank. In times of
emergency, it is better to borrow from oneself
than from another.

15. Other thoughts
Do not owe anyone anything, except to love
one another, -Romans 13:8
As for the rich in this present age, charge them not to be
haughty, nor to set their hopes on the uncertainty of
riches,
but on God, who richly provides us with everything to
enjoy. They are to do good, to be rich in good works, to be
generous and ready to share, thus storing up treasure for
themselves as a good foundation for the future, so that
they may take hold of that which is truly life.
-1 Timothy 6:17-19

16. Relationships
Money is a resource and so is time.
But people often don't recognize the important
resource of relationships.
These include:
-Family/Relatives
-Friends/Neighbors
-Workmates/Schoolmates
-Church community

17. Relationships
“A person standing alone can be attacked and defeated,
but two can stand back-to-back and conquer. Three are
even better, for a triple-braided cord is not easily broken.”
-Ecclesiastes 4:12
Who are the people in your life who you can turn
to in time of crisis?

18. Relationships
Our cultural values can be a source of strength... or
weakness.
-”Utang na loob” can guide us to be responsible
managers of our resources... or it can impoverish
us.
-”Pakikisama” can be guide us to work together
for good... or it can lead us to follow the crowd
down the wrong path.

19. Conclusions
Having a healthy relationships with
money, time, and people, will not
only make your own life better…
...but if modeled well, it develops a
good foundation for your children as
they grow up.

20. Women
Empowerment
for Effective
Parenting
Time Money
Relationships
Celia P. Munson, BCCC
Bukal Life Care
www.bukallifecare.org