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Talking aboutmoney, debt, and who owes who what is awkward enough as it is.
When you get yourfriendsinvolved, things can get a bit messy.
Redditor u/tasteoflex recently went viral on the Am I Overreacting digitalcommunityafteraskingfor some impartial advice about a particularly sensitive situation.
She essentially asked the author to cover for her until she could pay her back.
Going on holiday with your friends can be a ton of fun.
The fact of the matter is that some people will almost inevitably try totake advantageof you.
It hurts to realize that this applies even to some of your relatives and friends.
Or they might suddenly decide that because theyre a close friend, theyre somehow entitled to compensation.
Now thats not to say that you cant treat the people you care about once in a while.
However, this shouldnt become a habit.
The fact is that human beings get used to new situations fairly quickly.
Its easy to become entitled and see this as how things should be.
Spend less than you earn or earn more than you spend.
Meanwhile, if you have the opportunity to do so, you may want to practice stealth wealth.
Essentially, it means living relatively modestly to get to protect your wealth.
Theres nothing wrong with telling someone that you wont cover for them.
Boundaries are there to keep relationships healthy, and you shouldnt feel guilty about enforcing them.
Investopedia warns that lending money to family and friends can potentially cause relationship damage.
On top of that, it can lead to financial problems.
Its never a good idea to lend friends and family more money than you could afford.
Meanwhile, you shouldnt let guilt drive your decisions.
You have to do what makes sense financially, not what you feel obligated or pressured to do.
Heres what they said after reading about the situation with her friend
Thanks!
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