To think you shouldn’t trust someone with handling money if they can’t even manage to save on their own?

[NimblePoster]

I’ve always felt that someone’s personal habits with money can say a lot about how they’d handle finances in general. If someone has no savings or regularly struggles with budgeting, would you feel comfortable letting them manage shared money or giving financial advice? I don’t want to sound judgmental, but I do wonder if this is a fair way to assess someone’s reliability with finances. Interested to hear others’ thoughts - would this matter to you?

God no that’s why I manage family finances and dp doesn’t, who would trust someone with finances if they can’t be shown to manage their own? And taking their advice, is that a joke?

I think it depends. A gambler, not a chance. Someone who might not earn well so can't really save much, but is incredibly aware of how finances should be managed but just doesn't have the means to manage their own...that doesn't make them a bad person or necessarily bad with finances.

What do you actually mean? Is this your partner who is genuinely shit with money and wanting to manage shared money? That's a no.

I'm not really sure what you are getting at or what your actual queation is??

How would you even know the financial position of someone giving you financial advice? As long as they’re appropriately qualified and supervised, that’s the main thing.

In terms of managing shared money, I think it depends. There are many good reasons why someone may have no savings / may have debt. If someone is generally irresponsible with money or has a gambling issue that’s a very different issue to someone who has never been able to afford to save, or has had to use their savings because of a life event.