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advice from a financial expert – UNIAN
Setting financial boundaries in the long term will help you maintain stability and achieve your financial goals.
Lending money to loved ones can worsen your relationship if you don't set boundaries. According to a 2024 Bankrate study, about a quarter of people who borrowed money or covered group expenses with the expectation of repayment reported a negative impact on their relationships.
To avoid financial difficulties and still maintain your relationship, it is important to set clear boundaries. “Decide if you can afford to give this money. If not, then you may not be able to help. You can't risk your financial situation to help someone else,” advises Aja Evans, a certified financial therapist. therapy.
Often friends or…