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Funding a business
Challenges of giving financial assistance to family members
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[QUOTE="Ummigal, post: 88867, member: 28946"] Sometimes, rendering financial assistance to family members can be very difficult to cope with. My fist three years at work, I tried satisfying everyone but soon realised that the more I give them, the more they demanded and almost little or nothing would be left for me before the end of the month. So I decided to be more firm and strict with my financial support since I am not earning a huge pay but just enough to hold me. Since I started saying no to excessive financial demands, I have had series of disagreements with the members of my family, but I still maintain my stance. Although, I occasionally surprise them once in a while by sending substantial amounts of money even when they least expect it. It's quite sad, when you lend relatives money, don't expect to be paid back. Even when you are broke, they still wouldn't be convinced and no one might be willing to help out. [/QUOTE]
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