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I have seen people take this verse out of context and create the new word "helpmeet" or "helpmate" as a title to imply that a man's wife is somehow subordinate to him. However, the phrase actually means a helper suitable, adapted, & complementary to him, and is used elsewhere in the Bible to refer only to god as a helper of man - hardly a subordinate role.

While it does place a wife in a position to help, complete, and support her husband, it in no way makes her less than equal. When we realize that it places our "help" to our husbands under the same term as God's help to man, we can see how great an honor, and responsibility, being a godly wife is. We are not a lesser creation, but one to aid, comfort, complete, and nourish our husband in body and soul, just as God sustains and helps his people.