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<...>Asking someone to hold your money is a sign if you're have a bad money management and they should teach you instead of agree to hold your money.
But some people are bad money managers, and that is not to blame on them. If their wives or parents are willing to help, why not? It's wise to know when to ask for help. I remember that there was certain project for the economic development of India, but focused in women because men spent everything in vice.
With time, they should learn how to manage their money, but as the first leap it can be a good point to start, and nothing to be ashamed of.