When relatives ask you for money it can seem very innocent. Hardly ever would the word moocher come to mind. After all, we have all had hard times here and there. But what happens when someone will not stop asking you for money?
Saying no is hard, especially to someone you love. But what if you simply cannot afford to help them? One thing that is very important is to consider the person who is constantly asking you for money. What is their story? Are they working? Do you know if they are still traveling or going out to dinner? Are they working hard to make it on their own? Are they working on weekends and if they don’t have work are looking diligently for a job? Sometimes when we are asked by relatives for money it can be easy to overlook their actions. Our love for them can get in our way of being honest with ourselves. Many of us want to be generous and giving, but how often have you really thought about whether giving is a good thing or is harmful?
Giving can be harmful to you because you do not know what is around the corner for yourself. Have you seriously looked at your own finances and made sure you can give? Do you have a large emergency fund for at least a year and a half? Are you working or do you depend on social security? Are you young and have lots of years of work ahead of you? Or, are you older and sometimes wonder if you should skip taking your medication to pay your bills?
Are you an older person being asked for money by someone young? When a relative or loved one asks you for money do you become stressed? Notice your own thoughts and feelings because they may be telling you to say no even when your mouth is saying yes. People who are asking for money can paint very bleak pictures about how they are so desperate and are starving or about to be evicted from their apartment. That can make it even harder to say no.
None of us know what our future will bring and life is very difficult when we are broke. It can be even more difficult when you know you gave away your money to help someone else and they are nowhere to be found in your hour of need. Seriously look at your situation and please re-evaluate giving to relatives, especially when they are younger than you. Money is hard to come by and you deserve to keep it. Many of us have generous hearts and want to see our loved ones succeed but if you are putting yourself in harm’s way then you need to stop.
Julie Horton lives in Utah has created a website to share the detriments of over-giving. To learn more about why you should keep your money and not give to moochers, please visit: Be a Smart Giver.com
Article Source: http://ezinearticles.com/?expert=Julie_K._Horton
