Posts Tagged ‘son’
Wait, I thought I had read it all. It is the “norm” of course for husbands and wives to dispute over money spent at the wedding, but wait when I share about this story I read tonight.
There I was doing a little research and thought I need to post on Money Talk Matters for the engaged couples. Granted, I’ve been very busy with local seminars and radio shows dealing with money. Still, I felt let me do a post and get back to it on a regular basis because sooo many people need help.
Then it grabbed me – Fathers-in-law Cash Clash. Listen they were fighting over a loan made for the wedding and ended up in court when the marriage ended after one year. The marriage ending after one year is another post.
Take the time to read this now – Fathers-in-law Cash Clash – definitely sound like a Court TV episode. What are your thoughts?
This movie came highly recommended to me by a colleague, Mary Chatman, CEO of Creations of Love, Inc. I have to say WOW! This was not what I expected and it truly kept me on the edge of my seat.
Darin Dewitt Henson, Golden Brooks, Erica Campbell, Mel Jackson, Bishop Noel Jones, Darius McCrary, Hill Harper and Melissa De Sousa what a cast. There are so many dynamics in this movie, I am attempting to summarize it without giving too much away.
The below is a a familiar story that people might have actually heard in real life: Man meets woman when they are younger, fall in love and he asks her to marry him. She says yes under one condition that he would never leave her. Man is invovled in his church and woman feels as if she has taken a back seat to his duties at the church. Man says that she doesn’t come second, but any time she wants to plan something, he has a commitment at the Church. Woman feels unappreciated and unwanted. Woman has a great paying job and completes a top level degree, that no doubt her husband paid for. Woman is offered a job that is paying her more and her soon to be new boss make advances. Woman invites new boss to a dinner gathering and husband is late to the gathering and still meets her new boss and does not like him.
Woman goes to work the next day and complains to the new boss. What do you think happens next. What happens next, sets off a chain of events that you do not expect by a long shot. You will have to get a copy of this movie and add it to your library. It it soooo worth it.
Just because one person makes more money than the other in marriage, does not mean that the one who makes less is any more less driven than the one who makes a lot of money. There will always be people who think they can come into your life and give you the world, yet in the end it is a game to them. People love the chase. Don’t fall for the trap.
Money Tip #1: Do not forget about investments spouses made in each other and the marriage.
Money Tip #2: The grass may look greaner on the other side and that new person is only using different fertilizer with a devastating result.
Money Tip #3: Do not allow illegal activity to go in your house that could result in something detrimental to your family. It is not worth it.
Couple #1: Main Couple who is Rachel (Golden Brooks) and Clarence (Darrin Henson) were in a marriage that dealt with him paying for her higher college education, him being involved in the Church and her feeling as if she came second to the church. They had an adult son that did not want to work but was involved with some illegal activity.
Couple #2: Bruce and Charlene a very interesting couple. Bruce worked with Clarence at the Auto Shop and is a drinker. Charlene has a good job and loves her husband. Within this relationship they deal with alcoholism, pregnancy and physical abuse.
Not a couple: What is interesting you have Rachel’s friend, Monica who met her boss, Damion Marshall. You will have to watch the movie to find out what happens.
(1) Do not subject yourself to physical abuse in any relationship it is not worth it. That can cost you tons of money in the long run whether it is legal fees or even therapy bills.
(2) When you are in a marriage, do not let it drive you to do anything illegal or anything that would endanger your life.
(3) Make it known if someone begins flirting with you that you are happily married. Do not even let your mind begin to go there. You cannot afford the consequences of infidelity.
(4) For those that are spiritual, when it comes to involvement in your Church and your marriage, healthy boundaries must be set here too. Families should not feel as if they are paying a heavy price because of the Church.
If you are seeking guidance in money and marriage, contact Dr. Taffy via emal at drtaffy@moneytalkmatters. com
I had to watch this movie a second time to make sure it fit the marriage and money movie reviews. I am sooooo glad I did because it was a great addition. This movie had various dynamics that I am going to point out that can benefit so many on different levels. Take your time when you are reading these reviews because if you can think back to the movie, you can see these different points of view.
Without giving too much away this movie dealt with an affluent family, race, unemployment, lies, and money. One of my favorite actors that I got to see in person and truly miss that was in the movie – the late Bernie Mac. Ashton Kutcher was also in this movie.
Ashton plays Simon in this movie and has become engaged to Bernie’s (Percy) daughter – Teresa. Simon and Teresa are going to her parents for the weekend to celebrate their 25th anniversary. She has not told her parents that he is white. Percy has pulled Simon’s credit report and is pleased with what he sees. When they arrive, Percy mistakes the cab driver, who is black for his daughter, Teresa’s boyfriend. Then when Simon introduces himself as her boyfriend, Percy is taken shocked. Percy looks around to see if anyone sees Simon standing in the yard and says we need to go inside. Then he begins in on Simon with the 20 questions. He is very suspicious of simon.
Percy later asks his wife, why didn’t the daughter tell them he was white. Wife admits she had figured it out. Simon begins contacting old friends and colleagues to see if he can get a job before anyone discovers he does not have a job. Percy does not like him from the start and wants to take him to a hotel.
Do not hide your financial background from your soon to be spouse. When the truth is revealed it could divide and destroy your relationship and marriage. There is nothing wrong with putting your cards on the table to ensure the one you love knows you are not attempting to keep secrets, especially financial secrets.
Do not lie about your employment situation. You can only pretend so much and it will catch up with you.
Money Tip #1: If you love someone, love them regardless of income.
Money Tip #2: For parents, do not make your grown son or daughter feel as if their choices are wrong when it comes to a mate without talking with your future son or daughter-in-law.
Money Tip #3: Do not prejudge a person based on the color of their skin. That type of discrimination affects a person as a whole which includes their work performance.
Money Tip #4: Parents should be knowledgeable of how their future son or daughter-in-law handle different financial situations.
When it comes to love, race should not matter. Your heart does not discriminate – love who you love and enjoy life.
Do not lie about your employment because it will affect the entire household. Once you say “I Do”, all situations (employment, education, financial and more) affect the household.
If you start out lying to your future spouse, you will slip up and the relationship could begin to deteriorate.
1) Be honest and proud of your soon-to-be spouse. You are the one that has to live with the person and make joint decisions. You should not be embarrassed about this person or anything.
2) Know that when you enter into a marriage and it is different races, you can get the looks and even some comments – do not address people’s ignorance. Love the one you are with because they love you. You don’t have to impress anyone.
3) Talk WITH each other versus AT each other. The power of speech also affects your finances, ability to work effectively and efficiently whether you work for someone else or have your own business.
4) When you are building a relationship with your in-laws, it takes time. Build the relationship without passing judgment. This is your soon-to-be spouse’s parents.
5) Before you borrow money from parents or in-laws, know up front that a lot can happen from that i.e. change in the relationship, parents watching how you spend (they may think you are wasting their money) money and more. Make sure everyone understands whether it is a gift or a loan.
When young men and women are preparing for marriage, they have time on their side because some of them are not getting married right away. The benefit is if they have questions or concerns about money, they can talk with their parents or their parents can refer them to a financial advisor that can assist them with talking about money as a couple.
It should be a parents responsibility to ensure that their son or daughter knows this life and marriage sustaining skill so that they can live happily ever after and not have financial issues because of the debt incurred from the wedding.
Parents should think back to when they first got married and all the things they wish someone had told them when it came to money and marriage. They can impart this knowledge to their son or daughter so they will not have to go through the same struggles the parents did but be informed on handling financial situations.
Parents love your sons and daughters and do not assume that they know how to manage money. Sure, they might have gone to college and seemed to have taken care of money while at college. Let me ask you a question: What is the amount of their student loan bill? Enough said.
Prepare your son or daughter with this valuable life and marriage sustaining skill. They will thank you for it later. You will also be glad that you did.
This is one of those topics that I have heard from students firsthand when I have had exhibit booths at different events. When I saw this story in the Wall Street Journal, there was no way I was going to pass it up. The title is Students Borrow More Than Ever for College.
I completely understand why they are borrowing because they want to attain an education. However, the problem is not knowing all of the consequences of having all of these student loans. For example, I remember talking with one student and they expressed that the amount of money they spent on their education, once they got a job it would take five to ten years to pay off their student loan based on what they were making at the job they got after graduating from college.
The article shares “The ripple effects for today’s heavily indebted young people are becoming palpable. A growing body of research suggests that tough loan payments are affecting major life decisions by recent graduates, forcing them to put off traditional milestones—from buying a first home to even marriage and having children.” It is on doubt that having this huge debt looming over their future would have them putting off marriage and having children because that in itself is an expense.
Before that son or daughter who has student loans get married, I encourage you to provide them with financial skills or a financial literacy program such as Money Talk Before The Commitment Walk and The Debt Stops At The Altar which teaches them how to talk about money throughout the lifetime of their marriage. This program they can use on their own before they even get married.
This is one of my favorites – the story of four women that have their individual stories that deal with professionalism, parenting, marriage, a divorced mother and single woman seeking a man. One of my primary reasons for including this movie is because there are varying dynamics that warrants its inclusion. Each character: Savannah, Robin, Gloria and Bernadine have great story lines.
These women share each others triumphs and struggles throughout this movie. Savannah was the professional, single woman that did not let her “single status” keep her from reaching her goals. Although her mother felt every woman “NEEDS” a man. Robin was the professional, single woman that had been burned by men so much that she did not look at them the same. Furthermore, she had lost her self-respect but gained it back in the end. Gloria was the divorced parent that owned a hair salon and who had almost cut herself off from relationships because she had gotten used to spending time with her son that was graduating from high school. She does have an interest in the widowed neighbor. Lastly, we have Bernadine who was married to a professional and mother of two children. When Bernadine wanted to start a business, he told her it was not the right time. So she put everything she had into building his businesses. Strongly recommend you watch the entire movie.
Money Implications: I am going to do this based on each character:
Savannah – she had money and still had some degree of difficulty in who she was as a person. Her mother had limited finances and was attempting to keep it from Savannah. Once Savannah found out, she wired the money for her mother.
Robin – she lived somewhat comfortably but was settling for mediocre men. Had a great job and clearly was making money but what she thought about herself was reflected in the men she dated. Did not really value who she was until the end of the show.
Gloria – the entrepreneur of the group. She appeared to be doing well financially.
Bernadine – the true “lesson” in this group. Do not put everything you have into your spouse. This lady was not aware of what the husband had been doing regarding putting EVERYTHING in his name. Once he decided he wanted a divorce, initially it appeared as if she was not going to get anything.
Money Tip #1: Having money does not mean you cannot have financial problems in your life.
Money Tip #2: If you are an entrepreneur or seeking to become an entrepreneur, do your homework. What type of business are you seeking to start, what are the start-up costs, who is your target audience, can you start this business without taking money from the household budget and another major statement that you cannot ignore: If you are married, talk with your spouse before starting a business especially if it will impact your time and family finances.
Money Tip #3: This applies to the husband and the wife – share with each other about the household finances. Do not let the money manager be the only one that is aware of all the bank accounts, how much money is in each account and when the bills are due.
Money Tip #4: Husbands and wives do not get lost in the marriage. Meaning put everything into the one person where you have no self-identity. That costs you in the long run.
Money Tip #5: Husbands and Wives – stay faithful to your mate and do not even think about the grass on the other side. It does not matter who attempts to flirt with you. Based on a lot of stories in national news and facts – people that enter into infidelity are paying a “HEAVY PRICE” and sometimes it is their life in addition to money.
Money Tip #6: For single parents, if you are not getting the child support that you are due it is up to you to decide what action you are going to take. Also, recommend that you create great memories every day with your children. Creating memories does not necessarily have to involve a lot of money.
Money Tip #7: For the new single parent, when it comes to money – take the time to sit down and detail your new household budget and expenses. This will show you what you need to run your household from month to month.
Observation: Money impacts lives in many ways and should not be ignored. Take the time today to look at the roles money plays in your life.
Recommendations: I know there are times when we as women vent to our girlfriends about our spouses, what I want to say on this is take the time to talk with your husband about your finances and issues you are facing. The two of you are on the same team – solve the situation together.
For the single parent, ensure that you find out all of the resources available to you through different organizations that assist single parents. Some could be local and there could be some that are on the internet. Do your research.
For the newly divorced spouse, pull yourself together and know that being single does not define who you are. Think about what you want to do with your life and what example do you want to set for your children.
Add this to your movie collection today:
I did not know about this movie until I was doing some research and very glad that I found out about this movie. Favorite actors and actresses Matt Dillon, Kate Hudson, Owen Wilson and Michael Douglas are the main characters for this movie. I will be brief in my summary.
Kate Hudson whose character is Molly prepares to marry Carl who is played by Matt Dillon. Carl works for Molly’s father, Bob who is Michael Douglas. Carl’s best friends Neil and Dupree, played by Owen Wilson have been with him through everything in his life. Of course they are in his wedding and Dupree is his Best Man. Upon returning from the honeymoon, newlywed life begins with some interesting issues that can impact a marriage such as the place of friendship, parenting, money and employment. This is a must see movie for engaged couples and newlyweds.
1) Accept yourself for who you are and do not let the parents of the spouse make you feel inferior. Those feelings affect your job, relationships and your marriage.
2) Maintain your friendships within your marriage but not at the expense of your marriage. There is no rule that says once you are married you have to get rid of your friends. CAUTION: Be careful if you are a husband and has a single female friend or vice versa if you are the wife and have a single male friend. Do not open that can of worms.
3) Know what your household income is and work your mutual financial plan. Establish mutual financial goals even while planning your wedding. Anyone outside of your household (this includes parents, grandparents) does not need to know what your income and expenses are unless you are seeking to establish a financial plan utilizing a financial advisor or planner.
4) Have candid talks with your soon to be spouse regarding finances, especially if they grew up in an affluent environment. The true financial picture of your marriage should be discussed before you walk down the aisle so they do not come into the marriage with unrealistic expectations based on their upbringing.
Newlyweds must be comfortable in their marriage and relationship because when other factors present such as relationships with parents and best friends arise that may cause conflict, the newlyweds must stick together despite what parents and best friends think. Even though best friends have generally been around longer than the spouse, the spouse comes first. A true best friend will not place you in the position of choosing between them and your spouse.
WORD OF CAUTION: If one friend is saying this is not the person to marry, consider the source. BUT if EVERYONE is saying you should not marry this person, then you need to WAKE UP and be truthful. Do not marry a person that is not good for you just to get out of a) your parents’ home; b) because you want to be married and do not truly love this person or c) for the money.
1) Pay attention to how the bride is handling money while you are engaged and planning for the wedding. Listen to what they are saying and whether or not they are willing to compromise on wedding purchases and reduce costs. For example, if the bride comes from an affluent family and knows that her parents are paying for everything and is not willing to compromise based on the groom wanting to reduce or alleviate something, this could be a glimpse into what they will do once you are married.
2) Money cannot buy you love. Do not let your parents money and their thoughts about money and a mate dictate who you should marry.
3) Be true to yourself about who you really are and who you love. Do not get into the habit of pleasing people or you will end up unhappy.
I am sooo thrilled at all the articles that are coming out regarding money and marriage. It is in the best interest of the bride and groom to talk about money prior to walking down the aisle. If they have not talked about it in depth, at least beginning the discussion will give them some idea what they are in for.
When people are preparing to wed, they are sooo caught up in the planning and excitement of a wedding, they forget about “The Marriage”. I encourage you today to take that son or daughter, niece or nephew aside and say it is important that you begin talking about money with your soon to be spouse.
Look at this recent article: Get fiscal before you wed
Money is the top reason for divorce and there is no reason that your marriage should become a divorce statistic. Take the time and learn the important skill of communicating about money which can sustain your marriage. If it is hard for you to communicate verbally in the beginning, then write your soon-to-be spouse a love note and begin sharing with him or her about your finances.
The plus side to this is that you are beginning to share and be honest in an area that can cause division, separation and eventually divorce. Take the step today to begin the Money Talk.
If you are a parent, relative or co-worker and know a bride or groom preparing to walk down the aisle, encourage them to begin talking about money beyond the wedding day. Marriage should be for a lifetime.
Friday night I was doing my usual research on the internet to see what pertained to money and marriage. I discovered this story on CNN Money where this mom writes in and asks if she can be recommended to an online site regarding finances for her son who just became engaged. She wanted feedback on giving as a gift, 1 hour with a financial planner.
If you are a parent, grandparent, brother or sister and you know someone that is getting married, Money Talk Before The Commitment Walk and The Debt Stops At The Altar is a comprehensive financial education program designed to be used in the privacy of the couples own home. Purchase it through our products page.
Of course this made me perk right up since I have always thought of Money Talk Before The Commitment Walk and The Debt Stops At The Altar as a financial education program that can be completed while engaged and after the wedding. It is not a one-time use program but the lifetime of the marriage.
It is wedding season, give the gift that can be used throughout the lifetime of a marriage. This will provide couples with skills to have those tough money talks and prepare them to make informed decisions and not choices based on emotion.
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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