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?
Just like gambling, trading is very risky. We always say that it is better to use the amount of money that you can lose for gambling or trading. Similarly, you lend the amount of money that you can lose. There are many people in the society who take loans but later do not repay the loan money and he walks around very peacefully. Many people have come to me for this day who have come to me for loans in the first case I must have given the loan those who have taken the loan in the second case they have not come to take the loan because they have taken it once and then they do not come again creating a dilemma within themselves. So always lend the amount of money you have the patience to lose, never lend more than that, every time you lend, you will slowly become destitute.