Create a net worth spreadsheet. You will want to do one for yourself anyway

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Apr 18, 2021
4:15:25pm

yahtzee Truly Addicted User

It should then be fairly straightforward to show her where all the assets and liabilities are.

Just my .02

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yahtzee

Previous username: yahtzee26
Bio page: yahtzee
Joined: Nov 22, 2004
Last login: May 14, 2024
Total posts: 28,182 (3,595 FO)

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Messages

Author

Time

PSA: all fathers should teach their daughters about finances and investing

NottherealJWill

4/18/21 3:52pm

For whatever reason it seems girls are just way less interested.

JuicyJam

4/18/21 3:53pm

It’s one of my biggest pet peeves and one of the main things I want to teach

cougfanz

4/18/21 3:55pm

Changing the expectation that they’ll be a stay at home mom?

brazilcoug

4/18/21 4:07pm

Already inserting a gif in response to your own post? Nice innovation!

garyfan

4/18/21 4:20pm

I think his point was to teach his girls that they need

The Pope

4/18/21 4:32pm

with COL increasing this goal is becoming more and more less likely.

Mayor of Cougartown

4/19/21 10:53am

I'm curious about the eye roll too.

Eddie

4/19/21 11:32am

My wife is more involved in the family finance than I. We joke that if she died,

JohnnyC

4/18/21 3:58pm

Same for us. My wife is definitely the CFO of the family. I guess I'm more involved in the retirement planning (since

dilbert

4/18/21 4:11pm

That's my situation too. I know her salary and my salary.

Belboz

4/18/21 5:10pm

I've tried to involve my wife in the finances. She is totally not interested.

Y-Zag

4/18/21 4:00pm

Just keep showing her, that’s kinda a CYA thing for a future misunderstanding

Pretorian

4/18/21 4:03pm

Same boat. Has zero idea what we pay for insurance, etc. Frustrating

TicoBrown

4/18/21 4:03pm

She’ll care if the money goes away

Memmo

4/18/21 4:13pm

Create a net worth spreadsheet. You will want to do one for yourself anyway

yahtzee

4/18/21 4:15pm

I've been doing that for years. Tried to show it to her, not interested.

Y-Zag

4/18/21 5:33pm

Hard to understand.

yahtzee

4/18/21 7:22pm

I've wondered if it is she just doesn't understand money or numbers.

Y-Zag

4/18/21 7:31pm

If I remember right there is a pretty good persona finance 101 course from BYU

yahtzee

4/18/21 8:13pm

Thanks

Y-Zag

4/18/21 8:15pm

I think this is it. I admit I haven't watched them but I think they were

yahtzee

4/18/21 8:27pm

Same here. I’ve tried. There is no interest whatsoever.

BYUCLA

4/18/21 4:15pm

My wife is totally uninterested. I keep fanatically detailed records of

hansel

4/18/21 4:16pm

This is exactly my wife too. I finally just wrote her instructions of what to do

The_Minister

4/18/21 4:58pm

Opened the door for your own murder. Now she knows what you’ve got. Keep an eye

pink22

4/18/21 5:01pm

At least write it all down. When my dad died my mom had no clue and was like

zonacougar

4/18/21 4:20pm

Going through the personal finance self reliance class helped us.

mottman

4/18/21 4:30pm

If people play the “don’t you trust me card” when it comes to husband wife

Pretorian

4/18/21 4:02pm

We have 3. Are we doomed?

LaserCoug

4/18/21 5:27pm

Why 3? There are so many things to keep track of...

Pretorian

4/18/21 8:47pm

One main account for family funds and 2 other accounts for individual fun

LaserCoug

4/18/21 9:25pm

Best of luck to you

Pretorian

4/19/21 5:20am

We have had each of our girls take the church's personal finance class while in HS. It's not perfect, but it is good

unctoothman

4/18/21 4:04pm

But, then they cant spend with wreckless abandon if they understand their $$$

machete

4/18/21 4:16pm

RE: PSA: all fathers should teach their daughters about finances and investing

Don_Juan_El_Guapo

4/18/21 4:17pm

I'm the breadwinner and my wife pays the bills in our family

UVCoug

4/18/21 4:20pm

Same. Early on decided it was best if she paid basic bills so she at least

BR549

4/18/21 4:33pm

Mine writes the checks too. And is clueless as to finances.

Plato

4/18/21 4:43pm

What are these things that you call checks? Part of our issue is that so much

Cheap Seats

4/18/21 5:00pm

Wife is not interested in learning to use bill pay. Or looking at bank balance.

Plato

4/18/21 5:03pm

Get them a job, teach them to work, have them see taxes and make them pay for stuff and they figure out a lot of that.

Turnpike Lane

4/18/21 4:27pm

Exactly. It's so important to have them work so they can learn the value of a dollar.

dilbert

4/18/21 4:42pm

Get them a job?? How about make them get their own job?

pink22

4/18/21 4:45pm

At 15 or 16, they’ll need some assistance. But yeah they gotta do that work.

Turnpike Lane

4/18/21 6:19pm

My wife asks all the time, I talk to her about it explain it, and she tells

BYUFootballisBack

4/18/21 4:28pm

My wife is kind of the same. Wants to know but doesn’t really. Doesn’t get it

pink22

4/18/21 4:42pm

And some husbands get paid and have no idea where their money goes. Wife does

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