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Three Awkward Money Conversations and How To Get Through Them
Money has an effect on everything we do and say. The topic of money is one of the more uncomfortable conversations we have with one another. Here are 3 of the most uncomfortable conversations over money you may be dealing with and the solutions.
1)Borrowing Money From A Family Member
No one wants to talk about this. Unfortunately, this topic becomes a necessary evil. Borrowing money comes attached to anger, resentment, and hurt feelings. Half of the families out there report this lead to bad blood later on. There is a solution. Come up with a game plan as to how you will pay it back. Show them your game plan and stick with it. If they see you are staying true to your word, they will be more inclined to go along with it.
2)A Family Member Comes To You
You will never know how someone feels until the shoe is on the other foot. You can say the loan is not in your budget. You can offer to help them set up a budget. There is no reason to feel obligated to loan someone money. Talk to them about why you feel this way. If you are upfront and honest with them, you may not have as much bad blood.
3)The Kids Get Cut Off
Are you tired of supporting their frivolous lifestyle? They may be spending more than you can afford. You may start to notice their spending is cutting into your own plans. You can start by being honest with them. Talk to them about their options. You may not need to cut them off all the way, just enough to make an impression. They should understand what you are going through, as long as you raised them properly. Click on company for more info.
Three Awkward Money Conversations and How To Get Through Them
Money has an effect on everything we do and say. The topic of money is one of the more uncomfortable conversations we have with one another. Here are 3 of the most uncomfortable conversations over money you may be dealing with and the solutions.
1)Borrowing Money From A Family Member
No one wants to talk about this. Unfortunately, this topic becomes a necessary evil. Borrowing money comes attached to anger, resentment, and hurt feelings. Half of the families out there report this lead to bad blood later on. There is a solution. Come up with a game plan as to how you will pay it back. Show them your game plan and stick with it. If they see you are staying true to your word, they will be more inclined to go along with it.
2)A Family Member Comes To You
You will never know how someone feels until the shoe is on the other foot. You can say the loan is not in your budget. You can offer to help them set up a budget. There is no reason to feel obligated to loan someone money. Talk to them about why you feel this way. If you are upfront and honest with them, you may not have as much bad blood.
3)The Kids Get Cut Off
Are you tired of supporting their frivolous lifestyle? They may be spending more than you can afford. You may start to notice their spending is cutting into your own plans. You can start by being honest with them. Talk to them about their options. You may not need to cut them off all the way, just enough to make an impression. They should understand what you are going through, as long as you raised them properly. Click on company for more info.