Should You Lend Money to Family Members?


Learn to Say "No"

It's tough to decline a request, but sometimes it can turn out to be your best decision. There could be certain situations where many loaners can never be pay back, so you need to be firm with your decision. Your first priority should be to keep yourself solvent. It's good to be sympathetic but stick to your decisions. Never tell your relatives that they asked for help at a wrong time because they can ask you whenever the time is right.