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Have you ever had to help with someone else's finances?

Without mutual trust you can't do that I have work in an establishment where I was appointed to manage the fund and finance of the firm but really serious after short period of time I was told to quite that position to avoid problems,since some time the finance of that firm will be tempt but when I complained to the management they cant take appropriate action,thus living all the fault on me so I have to vacate that position

I would never be comfortable walking in any position in a company that is always going to leave me compromised in a way I will have to be the one of these going to suffer for something I shouldn't be the one taking responsibility for.

It's why when it comes to finances right now, I try as much as possible to stay away from it because there is always complications in keeping the financial record and cash intact.
 
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I've not been successful with the management of my own finances, for me to think about doing the same thing for another person. Managing finances can be a big work and you need to do it right or you're going to put yourself in debt which is going to hard for you to pay off.
 
I've helped my mother with managing her finances when I was still living at home with them and I was very good at doing it. I don't know I got everything wrong with managing my own finances when I moved out from home and started living on my own. My financial management is a mess with the way I spend and I hope to correct this as soon as possible.
 
Have you ever been in charge of someone else finances? I remember when a friend of mine had become a conservator for his father, so he would take control of his money and only use it towards food and needed supplies. Have you ever been in charge of someones finances like that?
 
I have been in charge of my family's finances. This was when my uncle was in the hospital. My aunt never touched the money or the bills outside of shopping for food for the week so I had to manage everything else for them for a few months. I was able to do it all from home though so not a big deal.
 
Have you ever been in charge of someone else finances? I remember when a friend of mine had become a conservator for his father, so he would take control of his money and only use it towards food and needed supplies. Have you ever been in charge of someones finances like that?

I do not like handling other's financing until or unless I am working as an accountant in a company. In that scenario, I might be responsible for managing the finances. However, I tend to manage my own money and finances generally.
 
When I was still at home living with my parents, I was the one who was in charge of my mother's finances because anything that had to do with banking transaction and account management, I am the one that takes care of it and I did a very good job at it for her to have trust in me to be able to manage her account successfully.

Right now, I'm no longer interested in managing anyone's account because my own account is not even getting the kind of attention it needs from me to manage it properly.
 
When I was still at home living with my parents, I was the one who was in charge of my mother's finances because anything that had to do with banking transaction and account management, I am the one that takes care of it and I did a very good job at it for her to have trust in me to be able to manage her account successfully.

Right now, I'm no longer interested in managing anyone's account because my own account is not even getting the kind of attention it needs from me to manage it properly.

I live with my family and I plan to live with them for a long time. However, I do not manage their finances. I try my best to earn on my own and I think that this is the best approach. When you tend to handle someone's else's finances, you become responsible for that.
 
I have been in charge of my family's finances. This was when my uncle was in the hospital. My aunt never touched the money or the bills outside of shopping for food for the week so I had to manage everything else for them for a few months. I was able to do it all from home though so not a big deal.

As long as you know how to manage money, it is always going to be very easy for you to manage another person's account because you're will not be the kind of person that is going to become extravagant with another person's money since you know that everything is given up for you to control and make sure that it's used judiciously.
 
As long as you know how to manage money, it is always going to be very easy for you to manage another person's account because you're will not be the kind of person that is going to become extravagant with another person's money since you know that everything is given up for you to control and make sure that it's used judiciously.

I will be always reluctant to manage someone's else's money and there are many different reasons for that. I can risk my own capital. However, trading using someone's else's capital could be a huge mistake because you may be responsible for that.
 
When I was still at home living with my parents, I was the one who was in charge of my mother's finances because anything that had to do with banking transaction and account management, I am the one that takes care of it and I did a very good job at it for her to have trust in me to be able to manage her account successfully.

Right now, I'm no longer interested in managing anyone's account because my own account is not even getting the kind of attention it needs from me to manage it properly.

This is commendable that your mom trusted you with her finances. It is not always a good experience as some kids will be tempted to misuse the funds that their parents gave to them. So, for her to give you the opportunity to manage her finances shows that you are good in managing money.
 
I've not been successful with the management of my own finances, for me to think about doing the same thing for another person. Managing finances can be a big work and you need to do it right or you're going to put yourself in debt which is going to hard for you to pay off.

The temptation is definitely going to come and you will want to be careful not to mess with another person's money. If you are misusing your money, it can be understandable, but doing same for another is a big offense that can land one in a police case.
 
The temptation is definitely going to come and you will want to be careful not to mess with another person's money. If you are misusing your money, it can be understandable, but doing same for another is a big offense that can land one in a police case.
I'm not going to be comfortable managing another person's money. It's true what you've said about facing temptation with spending another person's money. Problems have a way of coming whenever you have money.
 
I'm not going to be comfortable managing another person's money. It's true what you've said about facing temptation with spending another person's money. Problems have a way of coming whenever you have money.

I am also never comfortable doing that. However, there are certain kinds of professions that require you to manage someone's else's money. A trading company might be managing the finances of other investors. So, in this case, many companies do manage the money of other people.
 
I am also never comfortable doing that. However, there are certain kinds of professions that require you to manage someone's else's money. A trading company might be managing the finances of other investors. So, in this case, many companies do manage the money of other people.
I'm not a trading company and I won't trade on another person's behalf like some trading experts do. They will accept a certain amount of trading capital from investors and pay them percentage of return in their investment. They manage the trading funds of others. I won't put myself in this kind of money management for others.
 
From my own experience I have had to help someone in financial difficulties a number of times,But allowing someone to manage my finances is a no for me I am not trusting towards that type of management
 
This is commendable that your mom trusted you with her finances. It is not always a good experience as some kids will be tempted to misuse the funds that their parents gave to them. So, for her to give you the opportunity to manage her finances shows that you are good in managing money.

Well, my mother was actually the one that taught me everything I know about Financial Management. This is the reason why it was very easy for her to leave me in charge of managing all of her finances because she already knew that I've learnt everything that is going to help me know exactly how to manage her finances properly.
 
No, I have never been in a situation where I have to help someone else with their finances. If ever I am in such a situation, I would recommend that person to consult a financial expert and discuss their long term and short term goals with them so that they are able to help them with a proper roadmap for achieving their financial goals.
 
When I have financial issue my friend volunteer to help me financially and I also did as well anytime his in trouble
 

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