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?
What i do?
Instead of Loaning them the amount they needed I only handing them smaller amount
e.g . Borrowing 1 hundred dollars , I gave them 20 dollars instead but telling them it is
not a loan instead a Help so by chance they wil not come back to ask again because I already helped
them and they are too shy to ask for another in long time unless very important of emergency.\
Have done this many times and till not it helps , because the problem about loaning
our family members or friends is?
1. we may lose friendship/closeness because of the said loan.
2. Respect will be gone because of Unpaid loans.
So my way prevent that from happening for many years now.