When a friend or a family member asks you for money you can
be faced with a delicate situation. Thinking it is your duty to help that
person, sometimes you end up hurting yourself. Try, when you can’t resist a
close person, to analyze first all the data of the problem.
1. Analyze with you heart and mind
Look at the situation with the objectivity of a bank,
combined with the sympathy you feel for a friend. If your heart and head agree
you probably are not making a mistake helping him. If one of them tells you
“No!” there is probably something wrong.
2. Consult with someone else
If a friend asks you for money, ask a third person and rely
on his or hers objectivity, a person that can be another friend or a family
member with a trusted intelligence.
3. Don’t be afraid to say no
Never hesitate to refuse someone if the situation involves
too many risks. Search for other helping options for that person. Conduct the
conversation in such a manner that your friend will understand you are refusing
the request not the person that made it.
4. Lending equals giving a gift?
You can suggest to that person that, if his of hers
financial situation improves in the future, you will be glad to get a present
that would equal the money you lent to them.
5. For your safety, sign a contract.
When
you are about to give away significant amounts of money, sign, each of you, a
contract that settles the conditions and the return date of the money, and also
their total amount.
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