How do you deal with the situation where people who you are close to like family and friends are constantly demanding for one kind of financial assistance or the other. It is not possible to help everyone, so how do you handle it and make sure that giving and trying to help people do not turn into a problem for you. How about people who borrow money from you and never return it or even show any effort to make payment back to you, how did you go about the situation?
First set clear boundaries and communicate openly with your loved ones about your financial limitations.
When dealing with individuals who fail to repay borrowed money or make no effort to do so, have an honest conversation, establish clear expectations, and consider seeking professional advice if necessary.