My Adult Daughter Has Money Issues!
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- Опубліковано 2 тра 2020
- My Adult Daughter Has Money Issues!
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Threatening to take her out of your will, because she’s getting a credit card? Dang this mother is controlling!!
mle011 insane
The mom sounds like an overbearing narcissist.
I wonder why the daughter won't take any advice from her 🤣
I disagree with mom here as much as the next guy but cutting someone out of your will is your choice. For the very same reason the daughter can get a credit card and car note.
The 24 year old gets to make her own decisions with how she spends her money. So why doesn't mom get the same liberty?
@@shannon2748
The mom did all the hard work for the daughter now to ruin it all. Guess what happens when the daughter is out of money and is at her credit limits.
This woman's daughter has graduated college, has a high responsibility job, and is living on her own. You can make suggestions, but you can't make rules.
Better yet, her daughter may be being smart. A credit card is GOOD if you’re smart. It HELPS if you’re smart. It SAVES if you’re smart. The car is a wash, brand new car? Dumb, a new used car? Not dumb. No details here. Daughter could be 100% in the right here and everyone’s treating her like she’s wrong
A P how is a new used car still not dumb unless you are paying cash and it's only a tiny percentage of your net worth? Even new used cars depreciate like crazy. Agree on the credit card though.
@@hurt1704 She makes 75k a year and it sounds like she's single. She can afford a nicer car. Millions of people use credit cards and never have a problem with them.
@@AP-uk4di The only way a credit card is ever good, is if you NEVER carry a balance and that credit card NEVER caused you to buy something you wouldn't have otherwise purchased. I probably get about $500-$600 a year in rewards from my credit card. FREE MONEY! I'm certain that the credit card has caused more "extra" spending, than I got in the "rewards".
So the daughter has her first used car that mom and dad bought for her, and now she wants to finance a new one. That is dumb, even if it's not brand new (which I'll bet it is). If said daughter had the cash to pay for the new (to her) car... then whatever.
I get where this mom is coming from. You fear nothing more than your children making the same mistakes you did. Sometimes it's going to happen regardless. As Dave says... stupid isn't illegal.
Brandon Kick My oldest did all the same thing like the callers daughter did beside purchasing her own house yet. But she is still saving her own money up for that. I did purchase her own first car for a few thousand of dollars and a few months later her pap wanted to take her car shopping just to look at cars. Well let’s just say she came home in a brand new car. Ugh. I was excited for her even knowing that it was a huge mistake. She is still my daughter and love her bunches. Lol. With her though she is making double payments on her loan and saving the rest for a half down payment on her first home. She is still an amazing person and raised well.
This sounds like a controlling mom, not a concerned one. I can see why she didn't want to move back home.
“I’m taking u out of my will if u get a credit card!”, yeah I’d say so.
Right. When "I'm gonna take you off the will!" Is used you need to slow down and realize your doing too much.
This mother is crazy. Why would she encourage her 24 daughter to immediately purchase a house. She is beyond controlling and won't stop. She needs therapy.
Daughter was moving out regardless and she suggested a house over rent which is smarter. Being that it's new york, I agree with mom. For a 1 bedroom rent can range from 1200-5000 depending on how crazy you want to be with money. So paying that in mortgage instead of rent is SMART. And plz no one talk to me about renting a room being cheaper. This girl was not about to go from her mom's house to renting a room lets be honest.
She doesn’t need therapy she just needs to back off geez
coco marineblu Well she might. Ya never know, this mom might be investing too much time on her children and not herself. That’s not healthy.
Her daugther sounds clueless.
bighand69 Well that’s what happens when your parents make every decision for you. You never learn how to make decisions for yourself.
“Refused to live at home”? That’s an odd way of putting it. She’s 24. Of course she declined to live at home.
Why would a 24 year old with a good job , a paid off car and no study loan debt want to live at home?!
@@hollyb6885 the only reason I can think of is to save a lot of money.
She is looking to get it in ....
@@hollyb6885. Savings? I lived at home until I was 34, even though I was making almost 6 figures as an engineer. That allowed me to not pay services and save a lot on food and focus on throwing a much money at my mortgage a possible. By the time I started a family and moved out, my own house was already paid off and had a lot of extra savings. It worked out great to be honest.
marinmarinhola Well I hope you paid rent to your parents
Let your children live and learn ! She is an adult and respect her as an adult.
“She’s 24, and stupid is not illegal”-Dave. 😂
So true I bought a house with one of them subprime mortgages when I was that age.
The mother is very passive-aggressive controlling: I paid for college and her first car, SO THEN I EXPECT control all of my daughter's financial decisions going forward. She lied to her daughter by pretending those things were gifts, when in her mind they were commitments to COMPLY with Mommy dearest inappropriately in her adulthood. This is a classic control strategy, and not at all coming from a place of love.
Sir We Are About to Die They’re both equally undesirable outcomes.
@Sir We Are About to Die If you are concerned of women constantly divorcing men and can visualize it happening to you, then maybe you are the problem. Women don't leave good men.
asking your child not to do something dumb is certainly coming from a place of love... she said the daughter claimed "i need to learn from my own mistakes" meaning she clearly knows what she is doing is dumb.
that shows that she is doing it just to spite her mother which is a pretty scummy thing to do after the parents gave her a privileged upbringing and paid for her car and school. any reasonable person would be mad at that slap in the face.
this seems like the classic story of the rebellious child doing the exact opposite of what they were taught just to spite their parents.
LIVE FRUGALLY AND INVEST WHEN YOUNG TO RETIRE RICH > That doesn’t necessarily mean that the daughter thinks what she’s doing is wrong. She may be saying that just to shut her mom up. My mom and I are complete opposites - she’s a lot more confrontational, whereas, I’m pretty much done after a few back & forths. So if she were to say something like “you’re making a mistake”, then (regardless of whether I thought it was a mistake or not) I’d respond with something like “then let me learn from my mistakes”. Not to spite her... just bc I know that saying ANYTHING other than what she said would result in a NEW retort/debate that I don’t feel like dealing with. It’s mainly just a mechanism to shut up an abrasive & argumentative person. And keep in mind, we’re not talking about doing this as a child or teen. This is full-blown early to mid 20s. Aka Adulthood. The age when EVERYONE should be learning & learning FROM their mistakes. The same way OUR parents did, and EVERY parent has from the beginning of time. I side with the daughter on this one.
Sir We Are About to Die > Ok? And most males of today aren’t half as mature as the ones in 1950s.
You telling me who I supposedly am from 1 UA-cam comment that wasn’t even rude is amusing at best. But does nothing for your argument. The daughter may or may not think she’s making a mistake. Either way, we ALL make em. Even you. So let’s not be holier than thou in this comment section as if we don’t. You can respond back if you want, but you’ll be blocked on my end & I’ll never see it. That aside, I wish you the best 🤗
LET HER GET A CREDIT CARD. WTH is wrong with this woman??
Take her out of the will because she wants to get a credit card?? A bit dramatic. I see why her daughter doesn’t listen to her.
Tinker Bell also, the mother is the one who told her to get a mortgage at 24. Why is the mother surprised that the daughter now wants more debt?
Leaving her out the will.... that's manipulating.😡😡😡😡 so that means she is only her mom when she obeys her, not as mom I will always love you. No matter what.
I was HOWLING when she suggested that. Good god! 😂😂😂
Not at all. The mother has done all the hard work and gave the girl a gift only for the daughter to throw it all away.
I bet you the daughters spends her money on stupid bags and shoes and has a boyfriend obsessed with large screen tv's and gadgets he cannot afford.
@@rd24life
She would only waste the money anyway. Not much of a relationship if the daughter is just waiting around for a will.
This woman is a control freak.
no, she's a mom
@@briansanchez6699 the job of Parenthood is giving the tools to achieve adulthood. She was threatening to remove her from the will just because she wanted to be an adult. She is a control freak.
@@briansanchez6699 She still wants to tell her daughter what to do that is not being a Mom. Did you catch her comment about cutting her out of their will if she did not do as Mom said. That is controlling.
She is the very definition of a control freak. I know - my mother was the same way. I moved 1000 miles away at age 18 to get away from it. Many, many years later she dialed it back when she realized she'd driven me away.
She's been too controlling but hasn't actually taught her child well. Controlling isn't teaching.
Its not controlling. Her mother knows her daughter is going to mess up with her money and will be calling home for bailouts. No matter how hard you teach and guide your children when they become adults, they will do whatever they want to do.
@@msbeautyboss3784 its controlling
Julian - Exactly!
@@msbeautyboss3784 No she doesn't she wants to tell her what to do and God forbid if she does not do as mommy says. She is beyond controlling.
@@msbeautyboss3784 Idk, I understand what you are saying and I agree to an extent but she threatened to take her daughter out of her will if she got a credit card. That's a pretty extreme step to take, even if your daughter DOES have money problems. It's kind of like giving an ultimatum. If the daughter actually does have problems dealing with money, her mom did not do a good job teaching her about it and she should find someone else to teach her. The mom could even help her find someone. There are alternatives to just cutting someone off fully. The mom is not willing to do things in a "compromise" kind of fashion because clearly it's not about the daughter making choices, the mom wants to make choices for her.
Who encourages a 24 year-old to get a mortgage? Seems like the mother is a bit controlling.
A stupid parent, that’s who does it. Then the same parent gets shocked when the daughter wants a car and credit card to go with the house
Then she's talking about taking her out of her will for getting a credit card, that's what stuck with me. Payment plans aren't the devil incarnate.
a parent of a 24 year old with a stable income - even during a pandemic and zero debt that is who!! Unfortunately, this 24 year is off to get a credit card and finance a new vehicle. Like Dave said " stupid is not illegal so all you can do is say I love you ....even when you are stupid. Also like Dave said being disrespectful when you grew up in a Financial Peace University household. Parents had 4 kids and are paying for all fuor degrees plus a car!!!!!! Think about how Dave made his millions - on stupid people with car debt, student loan debt, credit card debt.
Don't dare doubt mother hen! Huehue
Getting a mortgage at 24 isn't a bad thing depending on situation - if daughter can afford it [and sounds like she can - at $75,000 a year, very doable depending on where they live plus there are tax breaks, potential value increases over the years, a sense of ownership that renting doesn't provide] - I have friends whose 20 year old son, with parent's help, has bought a house while attending college - it allows him to learn the ins and outs of home ownership, is financially better than paying to live in a dorm with five other kids; he has found a paying room mate to defray expenses & once he graduates if he decides to move he can continue getting rental income [and with two renters, the income is higher than mortgage & insurance/taxes], or sell it either breaking even or actually coming out slightly ahead. In the case of Dave's caller seems like mom mostly wants to tie her daughter into the area so she can't easily escape the controller - but uses the "throwing rent payments away" excuse. Sometimes paying rent is a lot more responsible than buying a house .. again, it depends on the situation and the people involved. 24 is an adult .. not too young to take on adult responsibilities.
The daughter is right. She has every right to ignore wisdom and fail, on her own. Let her go! Dave has this one right.
1redrubberball Why should she fail? I think she’ll do fine
Holly B ...ditto. There are millions of successful people who can maintain credit cards & car loans and save money and invest at the same time. Just because her mom & dad were horrible at managing their finances before Dave rode to the rescue, doesn’t mean this young adult lady will do the same as they did.
1redrubberball Wisdom isn’t telling people to ignore credit cards and debt when people can actually be responsible with both, or telling people to ignore their credit history when it’s involved in practically everything. But I can see why someone such as yourself, whom is most likely terrible with self control, would blindly accept and follow Dave’s advice. I’ll tell you what though, I’ll gladly accept the thousands of dollars of credit card rewards for things I would have bought anyway. Thanks for the terrible advice Dave!!
@@BadMannerKorea Everyone is entitled to an opinion, even you.
1redrubberball It’s not an opinion that if you were responsible you would be benefiting financially from debt, credit cards, and caring about credit score. That’s a fact. Here’s my opinion-you just think it’s an opinion because you really don’t know much about personal finance.
Wow, imagine having a college degree, a house and a professional job and your moms trying to control what car you buy with your own money.
Please repost this 10 times!!!
No wonder the daughter doesn't want to live with her. The mom is far too controlling.
This woman spent her entire child's life in the "my way or highway" mode, and her daughter chose to hit the road as soon as she could. Shock-er! :O
Take her out of the will?!? Oh my goodness. Lady come on.
I honestly couldn't believe it when she said it!
Scary. The fact that she even considered removing her daughter from her will for getting a credit card or getting a car is sad. Why would her daughter come to her for major issues if that is her response on this issue. The mother doesn't know that she is doing more harm than good.
This mother is very controlling, I'm 42 and she makes me feel like getting a credit card just to be obstinate! 😆😆🤣
I love the comment about ‘she’s not doing drugs, she’s getting a credit card’. Give her that credit! *good points for being a decent person*
The daughter has money issues because she was never allowed to learn. Mom should have never pressured her to get a mortgage either. She mentions her daughter had enough for a down, the daughter probably wanted to buy a new car with that money.
Very important point. A cash car. She's 24. 24 year olds want nice cars
Nothing in this call suggests the daughter has money problems. She's just not doing what her Mommy wants her to do. You can be responsible with money and not follow Dave's plan.
And why does the mom know exactly what her daughters bank account looks like anyway? Cut the cord!
@@rbfoster Exactly. You don't need to tell your parents how much money you have, etc when you're an adult. I recently read a story about a woman in her 40s whose dad was getting mad at her about her credit card debt. Why is she even telling him???
She's a new yorker and that's new yorkers do best; keeping up with the joneses.
Her daughter having “money issues” is the biggest overstatement
“Life is a brutal teacher. But you will learn. By God, you will learn.” -CS Lewis.
Let her be. We live and learn by making mistakes, finding solutions, and applying resolutions. Guide her, don’t force her.
Mom is working overtime to live vicariously through her daughter. 😑
Overprotective she's not living through her daughter her daughter has a different type of career she don't want her daughter making the same mistakes she made so she's trying to control out of fear you can hear the fear in her voice.
Also people need to stop using their will to manipulate their kids ! What's with that. If your parents are doing this just forget the whole will and make your own legacy because manipulative and control tactics are not okay even from parents
EXACTLY - Those parent most likely dont have anything to give anyways except empty threats
How disrespectful of the mother
@@peacemaker5251 right! Then they are the same ones calling saying my kids won't talk to me 😭
I love how they assume a will has any persuasion in the first place. It's attempting to hold someone to ransom if they don't comply with a parents demands. What an intelligent way to have a loving relationship with a child. Ridiculous!
Exactly; I’d say take me off idgaf! Keep your money I’ll keep my peace of mind
From my experience, parents in my family who "helicopter parent" chase their kids away when they turn 18, they opt to go to a college far away. Parents who just parent, their kid stays because they let their kid make mistakes and learn from them. The problem this mother has is she made mistakes with money and learned from them and instead of letting her kids learn the same mistake and give advice on how to avoid those mistakes, she coddled them and won't let them out of her protective bubble. They probably all feel squeezed and restricted. I am willing to bet her other kids do the same, especially after seeing their older sister do it successfully.
She comes across as a controlling mother. Her heart may be in the right place but she will damage her relationship with her daughter if she can't let her live her life and constantly offers unsolicited advice/comments, yells and gets in arguments about what the daughter does etc. Send her a Dave Ramsey book and keep it moving. She simply has to live her life.
As soon as she mentioned threatening to take her out the will... my toxic parent alert went off. Like Dave said... it’s not illegal to get a credit card or finance a car. Not an ideal situation, but sheesh let her do her own thing and come to her own senses.
Mom is beyond co-dependant... 'got her to buy a house' immediately? Egads.
She might end up doing the right thing with the credit card...there are plenty of 24 year old who pay their bills in full on time and there are plenty of 40, 50 year olds still making the minimum payment on a 20 year old card..give her a fair shot
Credit Cards can be a great tool if you use them correctly.
1. Keep your usage under 15% monthly and pay the balance in full every month.
2. It gives you extra protection against fraudulent charges, which will happen eventually whether you like it or not. It's much harder to recover lost funds from your checking account than credit charges.
3. 2% cash back on everything. Who doesn't want 2% off all purchases??
4. Using it responsibly will help boost your credit score into the stratosphere, which you're going to want when you buy a house to get the lowest possible rate.
If you're good with money already, I highly recommend you take advantage of this. A card doesn't automatically turn you into a spending monster.
@@IJoeAceJRI Credit and debt can open up great money making opportunities IF USED PROPERLY. It always astounded me when I hear people say I only pay cash for a car as I will never pay interest, okay so by paying cash you unknowingly just paid interest through the loss of opportunity costs. I think the problem with car loans is people buy way too much of a brand new car and then go out and buy another one right away after they pay it off perpetuating the monthly payment.
I've had a credit card since I was 18 and never paid a cent in interest because I always pay it off. It's the best way to build credit!
Take her out of the will?! Over a credit card? Geez, well meaning but a bit of a tyrant/control freak.
A bit ???
Wow... threatening to remove your child from your will merely for getting a credit card is absolutely absurd! Not to mention convincing your single, 24 year old daughter to buy a house (which is a far larger commitment than a credit card) seems equally as silly when you compare Tina’s reaction here.
I am so glad that my mother and mother-in-law aren’t this controlling.
I have an extremely successful daughter, that has a high paying job as a young adult, and she wants to get a credit card, which can be a great financial tool if used responsibility. I don't like them so I'm going to take her out of my will because of it..... Lol, what?
BOUNDARIES!! This mom sees her daughter as an extension of herself instead of an autonomous individual. Sad for both of them.
Listening to this mom, its understandable why the daughter doesn't want to move back home.
These are really unprecedented times, I have never seen Dave "doing good" before.
At 4:23.... She's still no listening to the guys.
Take her out of the will? Geez, if I was threatened like that, I Will tell my mom "ok, sure, let's do that right now, let's go do that now!" I've never liked that type of manipulation.
If anything, the daughter could just get a credit card behind her back, but she's being open about her actions.
I feel bad for the daughter somehow.
Dave actually said "good!" Instead of "better than I deserve" 😂
If the daughter has enough money for a down payment and an emergency fund in her own account, who is she paying back according to the mom in “one to two years”? Does she mean save that money and replenish the savings? If so that makes sense, otherwise I’m confused.
I think that is what she meant, I was confused too. It sounded like she dipped into her emergency fund and needs to rebuild it.
Either way, I don't think a parent should be sticking their nose in a grown adult child's finances like that by saying "Now, you have to put your money back into your savings you dipped into". That's on the adult child to do.
Dave my daughter is an ADULT and does not want to live in my house which means I can't control her anymore!
Many of the parents call in complaining about their kids are just crazy control freaks.
Controlling mother. Sounds like my mother - she let go of me when I was around 50. I'm 65 now.
Wow...just wow. Crazy.
I’m speaking from experience when I say that Dave is 100% right. I was 22 newly married, working a good job in IT, paying my own bills not asking for any money or help from my parents. My stepmom tried to do this very thing to me in telling me I wasn’t being responsible with my money and demanding I do certain things. Keep in mind I had moved out... she had no clue what my finances looked like at this point. Also I’ve always been the responsible one of my siblings... always working since I was 15 (at my own choice) ... paying my way through college... etc. The only thing I will say is I’ve never been the best saver, but I still wasn’t terrible (Luckily that’s changed now). She kept prying into not only my finances but also my husbands now that we were a combined income. It got to the very point that I had almost the exact conversation word for word with her where I told her to quit asking about our money. She wasn’t providing for me financially so therefore it was none of her business and to quit trying to demand I do things. It’s the biggest fight we’ve ever had and our relationship hasn’t been the same since because ultimately she still thinks she is right and wants to tell me what to do ... I’m 27 now for the record.
If you want to ruin your relationship with your daughter do it your way... otherwise please listen to Dave’s advice.
Hi Dave, I'm from India. Me and one of my close friends love your book and ideas. We implement the same in our life and improved our financial life. It gives a lot of peace. Though we neither earn in USA dollars nor we have 401k fund program in our country. But we have similar financial instrument here in India. Lots of love. Stay healthy also wealthy and keep us educated.
She grew up in a financial peace household? Was she included in all the financial decision making and planning? Was there an explanation to their lifestyle while growing up? Please. This was dumb.
The daughter just got out of college. It’s a time to live life. If bad things happen, there’s time to recover. A credit card isn’t too bad with some discipline, I mean a car isn’t the best choice but it could be much worse. The mother is too controlling
I agree let her live a little she wants to enjoy the fruits of her labor. She graduated school now a job let her spend a little. Maybe she wants to treat herself before she gets down to being an everyday millionaire!
Sometimes the only way you can hold on is to let go.
It’s a free country- the freedom to be stupid is covered in that
Exactly - so why are we bailing people out who do not have a fully funded emergency fund and are paying their rent and handing out money. That free country goes both ways
Colleen Jones also goes for companies that are getting bailouts. Why didn’t they have an emergency fund?
@@euenfheiejrj I agree one hundred percent!!!!!!!!! from individuals all the way up to big business and government. Absolutely!!! Let us not all point fingers but look in the mirror and get our own houses in order.
Dr Phil meets Maury.. I'm waiting for the throwing chairs
This can get really sad. Parents putting a wedge in between them & their kids just b/c the kids won’t follow the parents plan. You really have to learn your own life lessons first hand.
I think 24 year old daughter ran from mom. Time to cut the apron strings and let the eldest learn for herself.
This lady is controlling. Stay outta her business ! Sounds like a bored housewife to me. Her sweetness on the surface is how she gets close to them so she can control and dictate people.
Proud of her daughter for putting boundaries on her mother! Sounds like that really needed to happen.
Dear Lord, thank you for giving me the mother I have!
The way she comes back and says, "if this was your daughter..!" - yikes.
Edit: I also think its interesting that they assume the daughter is going to fall on her face. She may be just fine!
Your daughter has money issues because she hasn't learned the value of it, as you gave her continuous handouts. SHE IS AN ADULT, and she doesn't live at home, and you need to cut the umbilical cord and let her fly and crash! Don't save her when she does crash, and she will eventually learn... Parents teach your kids the value of money and hard work, don't give them too many handouts! STOP BEING MANIPULATIVE AND CONTROLLING! I am glad these two told her she was wrong, because she needed to hear it!
We don't even know if she has money issues. She's never had a credit card, so we don't know if she would use it poorly or not. The mother needs to let her daughter live her life.
Exactly. I have a friend whose friend turns 30 this year and all she gets are handouts. She was making $13 an hour as a FT medical assistant and yet her parents still paid her rent, her utilities, and bought her groceries and furniture, and other things. She got accepted to nursing school in Tallahassee and her mom chose the apartment for her. Yep...she's paying for it. The daughter decided the apartment is just too far from friends and family in Gainesville, so she doesn't want to stay in it anymore. She whined that her apartment in Gainesville is too small so her mommy is paying for her to stay in an air bnb for a month. My oh my.
educated, working, owns her own home. A great example for the rest of the children...and now you get to be friends. We never stop "parenting", but it's time to develop friendship. Try this: start letting HER begin the conversations and the topics of them. Let her lead. You have raised a wonderful daughter. enjoy her!
I guess the daughter isn’t “blessed” enough as a grown child in mothers eyes.
Hows 2020 for you so far ?
I just paid off mortgage and will need your wisdom in investing. Where do i go and what do i invest in ?
4:29 wow. Just wow. This lady is something else. She is an absolute control freak. I mean if she wants to write her daughter our of her will cause she got a vehicle loan, so be it. But she shouldn't use that to threaten her daughter with.
Yea the daughter will have to learn on her own. My husband & I got married @ 23 yrs. old & everything revolving around finances we didn't listen to our parents. Now we are 34 & reflect back on things & we say we should of listened to both sets of parents...but, we had to dig our own hole and climb out of it....in order for us to be wiser today.
Mom she is grown....
Why is Mama trying to tell her 24 year old how to live? Yes she is trying to control her.
I sent this to my mom since my older sister who is an adult still living in the house is gaining debt and traffic tickets and is being stupid with money
Hopefully it helps...
LOL This lady is a big fan but didn’t listen to anything about BOUNDARIES
This woman is insanely controlling. If she isn't careful, she isn't even going to have a daughter on holidays.
The mother in this call threatening to take her out of the will for making her own decisions, disgusting behaviour.
You have to let your kids grow up. My parents struggle with this too. My dad still wants to talk to me like hes my dad and I'm a child.
The only problem in this situation is the controlling mother. No wonder why the daughter didn’t want to move back home.
“She’s a nurse. She can stick needles in people...” I thought that was going to go in a whole different direction.
"she's a grown up chicken, she's gotta fly" lol
She’s a grown-up chicken, she’s gotta fly 😂😂😂😂😂🤣🤣🤣🤣🤣
Chickens don’t fly.
I hope the daughter keeps this up to teach mom a lesson in reality.
Can’t control the daughter. She’s made wise decisions and has financial stability.
It’s not disrespectful to finance a car responsibly, or use a credit cars wisely.
I’ve been paid over 3k in cash rewards from my credit card over the past 7 years and paid no interest.
I’ve financed a car then paid the car off a short time later when the introductory interest period ended.
Dave system is for simple financial minds with poor impulse control.
These videos brighten up my day!
What a great answer from the team. Quality advice..
Sound Advice. The Daughter is right and she needs to make her own path in life. The mother is trying to control her as an adult and that would be frustrating. GIVE your grown kids ADVICE, but never tell them what to do.
She lost all credibility with the bit about cutting her out of the will. That screams controlling mom-zilla who wants to live through her kid and not let them go out and make their own path. No wonder the daughter doesn't want to listen to her. Bought their kids everything so they could hold it over their heads later on in life, those are the parents you run away from quickly. Tina sounds like a "Karen." Also wish Dave would get rid of the "I gave my wife permission guy" on the left, he's so quick to side with the helicopter parents. They have no idea if she will go in a hole, we are only getting one side of a very biased story. LOL she's not being disrespectful because she's getting a credit card, try to tone down the judgment there Dave. Hopefully this daughter figures it out now and saves herself years of emotional abuse at the hands of her mother.
There’s a very old saying: “Experience keeps a dear school, but fools will learn in no other”. If she’s determined to go down this path, let her. But, make it clear that if it goes sideways, there will be no bailout. Maybe it will work out. If it doesn’t, she will learn how to stand on her own two feet, take responsibility, and dig her way out of a mess.
Such good advice...advice I needed to hear!!! Much thanks.
This mother has it made and doesn't realize it. She needs to priortize. If she keeps this up her kids will eventually stop talking to her.
Seems like Daves show attracts a bunch of narcissistic controlling parents
He usually sides with them, too.
Once they are 18, they are a legal adult. You cant control them anymore. Let them go.
Enjoy your show. Relevant information.
If she keeps doing this to her, shes going to lose her daughter. Let her go lovingly
Thanks for showing what is going on behind the scenes.
parents like this create so many problems trying to be so controlling and sheltering, its sad.
“Buy all of our daughters used ‘Carr in Ciash’”🤣
*most people I've encountered in their early 20s are absolutely terrible with the money they make, it's sad i see a lot of senior citizens who probably, like these young folks, thought they had a long time before they needed to Get serious about money, but now struggle indefinitely
The mother didn't want to hear what Dave said on what he would do. She didn't want to let go. She is prideful. Thinking cuz she did right eventually, that she has to save and dictate everything to her daughter. This woman needs to trust in her teaching and share her opinion and warnings then let go. The daughter is smart, she will figure it out.
Im surprised the daughter didnt leave home at 18 while a mom like this...
Wow, why does mama even KNOW about her financials! She's an adult. She doesn't have to disclose anything to her mother about her financial decisions. Let go, mom.
"stupid isn't illegal"... my kids are only 1 & 3 but I can only imagine how hard this is to watch. There is such a great need for good sound Financial Coaching. It's what drove me to start my UA-cam Channel to help expand my reach to help teach these principles to all, including those who won't take the advice from their own parents.
Daughter seems to be doing very well, time to let her go...
Very good lessons here. I'm a newly father at 31 and this will be hard but we all gotta live through this moment in life, some sooner or later than others.
This is a really good conversation
Yeesh. This mom is insufferable!! It’s making her crazy that her kid isn’t doing things exactly how she wants, when she wants.
The guy on the left looks like Jeff Gordon
Jeez making someone get a mortgage? Come on
Great call! Dad is Dave once again.
I have an Adult cousin who has real money issues. He really spends money he doesn’t have. Imagine needing a roof on your house but spending money (actually financing) for stuff they don’t need. The daughter seems to have her stuff together. I wouldn’t worry so much if I’m the Mom.
I respect the daughter. These types of problems aren’t talked about enough. I grew up with a controlling mother just like this. She always had the right intentions, but it was her way or the highway. As I started to become more independent as a young adult she would throw around threats like “taking me out of her will” and cutting me off from everything else. She would also constantly hang the fact over my head that she raised me and gave me a hungerless childhood (unlike hers) to try to justify her obligation for me to stay within her grasp. As a young adult, it just makes you want to push farther in the opposite direction. I would honestly prefer to learn on my own rather than let my mother have control over my life. I’m sure this women is a lovely lady with the right intentions, just like my mom, but this type of toxic parenthood should not be tolerated
It’s tough to let go. This was a very nice vid. 👍🏽🙏🏼