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postheadericon Marriage and Money Movie #4 – Father of the Bride

This is almost a typical father’s response when a daughter would announce her engagement. First thought she’s too young and definitely he is not good enough for his daughter. Naturally he would want his wife to agree with him but she does not. Mother and daughter hire a wedding consultant and spend uncontrollably. He is clearly dealing with the cost and also thoughts of losing his daughter. Movie does show the relationship that exist between a father and daughter.

Money Implications: The father is a “tightwad” as some might say. The mother and daughter are excited about the upcoming wedding and spend, spend, spend. In my opinion this sends the wrong message because she could spend uncontrollably against her soon to be husband’s wishes once married.

Money Tip #1: Emotions tend to dictate money solutions and should not. I always recommend people step back from the situation and let cooler heads prevail.

Money Tip #2: If you are a shopper, admit to it up front and do not let your spouse be surprised weeks after you return from the honeymoon that each week you are spending uncontrollably.

Money Tip #3: Pertaining to parents and married adult children, be cautious in the area of money. The husband and wife need to viewed as the husband of his new wife and not just “their son” and vice versa. They should for their household finances initially without running to mom or dad.

Money Tip #4: The wedding day is only the beginning of the marriage, begin the money talk prior to the wedding and continue it throughout the marriage.

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