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?
We can't put family issues aside, so no matter how you try to help someone when you're not wealthy enough, it will undoubtedly cause problems for you. The way I handle people who used to borrow money and never pay it back is that I give it to them when they come to me for the first time and tell me about the problems they need the money for, knowing that I might need it myself too. However, I make sure that doesn't happen twice if the person didn't pay back. When someone asks to borrow money from me again and shows no signs of returning it, I won't question where about the previous one he borrowed, instead, I'll just tell him that I don't have any more and that my problems are too big for me to handle.