Question:What is a Money Management Fair?

What is a Money Management Fair?

It's a fun, engaging event where students learn personal financial management skills. Community and campus financial professionals present information to help students learn: how to avoid financial pitfalls where to get help when they exper...

Do you think it's fair for parents to manage the money their teen...?

No. How is the teenager supposed to learn the 'value of a dollar,' if the parent is controlling them? I agree with you. It's your money. But I can see where it does get ridiculos, as I just bought an expensive coat for my senior photos. ...

The one big issue I do have is about money, input please?

Q: I cant handle money, I admit that, I spend it like a drunken sailor on shore leave, Both my affairs profitted greatly by the gifts I bought them, the places I took them.Yet I didnt buy my wife so much as a birthday present, xmas present and never took her out to a nice restaurant after the 4th year of marriage. She was hot when I met her, my first impression was that she looked like a model. She was always on my case about money management, planning, saving, investing, shopping for bargains and to be fair and honest insisted we allow so much a month for a good time too.Which never happened, again my fault. I choose not to go out with her.If I want a pair or $500 running shoes I buy them. I dont worry about it. .When I was working and we were together, we had a huge fight every single payday . She says I came home every payday looking for a fight, then I would take off drinking and having a good time, the point is I wasnt spending the money on her I guess or on us, or on groceries or bills., I was spending it all on me, my decisions, my choices, my pleasures. In retrospect this is pretty much true. For some reason I couldnt stand to spend what I make on groceries, or bills and I still cant. Its my money, mine, i earned it, I deserve to spend it, no one else.and I should have a good time with it.I think I love her and I feel I made a huge mistake losing her but when I think of going back, which I have about as much chance of as a snowball in hell, and I think about the money I feel no way, its MINE, not hers and she cant have it. Not ever. In my opinion she is still trying to control me and prevent me from having a happy life of my own. by saying I should pay $600 a month in support now that she is disabled and we went through all her money, and to be honest it was mostly my fault because I wasnt working fulltime. What is this attitude about money called? My soon to be exe wife says its greed. and I am a miser, but a miser doesnt spend his money and I do, I like to spend it on myself. One counselor said it was a phobia and reperesents something else to me does anyone know what it is?I can afford the $600 I blow 3 times as much every month having a good time its the idea of it, that I owe her some debt that just drives me insane and that I am in some way obligated.I just passed my mid 50's. You guys are harsh. I know I have a big problem where money is concerned. It seems to run in my family.

A: It seems to me that your wife represents "the un-fun part of life"...paying bills, buying groceries, savings. To you, these things represent restriction, being caged in, having limits placed on you. Maybe you were poor as a child or didn't get the things you wanted, and as an adult you never want to feel that way again. Or, maybe for you, you think buying and flashing material things will make others think you are a successful, put-together kind a guy. Who knows?? But, as a result of your thinking, you now resent your wife, because a life with her means that you can't live frivolously or carefree. It doesn't seem like she will ever have a fair chance (she is NOT the enemy), until you see the benefits of a structured, budgeted life. Right now, you get a high or a sense of security with being able to spend without limits. You feel you deserve it and should be able to spend it. However, you don't realize that by buying these big ticket items, you are actually getting rid of wealth for yourself (almost as if you don't think you really deserve it). So, even as you THINK that others see you as this rich, free guy, I see a guy who throws money away and tries to make himself feel better by buying things. You need to realize that there is enough money in this world for you. And, even if you budget, that doesn't mean more isn't coming your way. Once you realize that you deserve money, can get money and you can also save money, I think things will turn for the relationships in your life.