Welcome to Sexual Sundays!

For your consideration: Your Family Knows Jack Shht About Money! What Do You Do????!!!.

No matter what age you might be, when you realize this, you’re not feeling good.

Maybe you were the only person in your family to go to high school—and you took an economics course. Maybe you were the only person in your family to attend college—an you majored in finance. Maybe you are the only person in your family that makes use of the Internet—and you read TheMoneyKings.com!

• You have financial literacy.
• You know what the prime interest rate is and how it’s different that the interest rate of the 10-year Treasury Bill.
• You know that tax returns are just that—returns. They’re returns of your money, not free extra money.
• You know that pay day loans are so bad that you’ve never even conceived of actually getting one.
• You know that Donald Trump isn’t particularly smart, and that’s he’s declared bankruptcy at least twice. He’s just a good advertiser, and had a ton of help from his father and grandfather.

The list goes on.

What happens when you realize all of this, AND THEN realize that:

• Your family members think financial literacy can be learned by listening to the advice of James Cramer.
• Your family thinks that every time the Fed lowers rates, mortgage rates will follow suit.
• Your family gets excited when they get a tax return from the government.
• Your family gets payday loans every other week.
• Your family thinks Donald Trump is a great manager and business leader in his own right.

Depending on your situation, there can be little you can do or quite a bit.

Rule #1: Be patient.

• If you’re trying to get your parents to quit giving your cousin $500 a month, because he’s hooked on drugs and “can’t take care of himself.” OR
• If you’re trying to get your sister to stop going to the bar 3 times a week when she makes $10 per hour.

You have to be patient.

Generally, if you have a crappy relative sucking money from another relative said crap-head will eventually do something to get himself/herself locked in jail, or will run their money source completely dry.

If your sister is going to the bar so much, more than likely, she’s 22, 23 years old? She’ll grow out of it.

Money Kings Tip:

Meddling in the money affairs of your family can be successfully accomplished through time and patience.

The worst thing is to yell or insist strongly that your family do x or y with their money. You’ll be seen as trying to get the money for yourself.

Maybe your intention IS to get the money for yourself. Hey. That’s between you and yourself.

You can try other methods:

1. Buy your family members money management books.
2. Tell them stories about how you used to waste money in the ways they are currently wasting theirs, but then you did x and y to break your bad habits.
3. Encourage your family to listen to a another friend’s advice about money (For some reason, most folks seem to like to listen to friends and strangers more than their family).

No matter what you do, The Money Kings say: Family money waste is a huge reality. There’s no sense in beating yourself up about it. Keep to your own plan; slowly work on your family’s mess and you’ll probably be surprised at the positive results.

Good luck out there.

Keywords: family, money, problems, help, relax, patience, fortitude