Honestly prob just looking to vent but I would like to know if I’m being unreasonable. I have a very close family member whose financial situation is pretty much getting thru each day. They keep running into issues where they have to borrow money from me. I don’t mind helping but what gets me is: every time it’s time to pay me back, I’m told I have to wait till the next payday but I’m seeing money being spent on recreational things as well. What bothers me most is this person has a spouse.

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I’ve had to deal with this with my family and I finally starting saying no. What I realized is that if they don’t get it from you, they’ll get it from someone else so don’t feel guilty about it. I also noticed that the new people they borrowed from were paid back on time as opposed to me since they knew I had a good heart and assumed I didn’t need it as much.

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It’s ok to say “No.” Family or not, you are responsible for setting your own boundaries. If the situation is keeping you from establishing yourself then it’s a problem. And even if it’s not, just because you got it, doesn’t mean anyone else has a right to it. Set the boundary. Say “No.” This person knows that you haven’t paid you back.

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Sounds like this person is taking advantage of you because there weren’t any boundaries set from the beginning.
I know this is a tough situation, but you need to be realistic in order to get this under control. Saying no might be the best solution here. Setting up other restrictions will work as well. Have a conversation with them about this because it can go bad if it’s not handled properly or the necessary boundaries arent in place.

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Tell them they have to clean your house to get anything else. Or some type of work. This why it’s a deal vs a handout. The “I’ll pay you back” stuff never works. They have the cash and do whatever they want. Get something useful out them first.

likefunny

It’s literally just me and I don’t think people understand how hard it is with a one income household these days (newly promoted senior auditor in the south if that adds perspective to my pay). I don’t want to get to the point where I flat out say no but I feel like I’m being played like a fool and it’s getting the best of me.

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Vent on! It's a never ending cycle with people who manage their money that way.

But if they're paying you back, maybe just let some of the frustration go about the late repayment. Just make sure you're not compromising your financial security or savings/retirement/leisure funds to constantly help out this friend.

If they're open to financial advice, maybe you can help there?

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I always suggest never loaning out money, that you need because people will take their time paying you back. It is perfectly fine to set boundaries and enforce them, as someone stated above. You more than likely will need to say “no” and move forward.

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“No” is a powerful word and I don’t think an explanation should always follow. I would slow down on loaning them funds. Only loan money you can afford to lose. If the loan hinders your ability to pay your bills or contribute to your savings as much as you should, then just say no I can’t afford to. Whenever you do loan them money be clear that you need it back by a certain date/day. If they fail to pay it back on time, then point that out and make it clear that their inability/unwillingness to pay it back on time hinders your ability to loan them money. You can offer to help them budget and prioritize spending, but never feel obligated to loan money. And, I’m not saying that you have but just in case NEVER share how much you earn. It’s not their business.

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I’ve always had the practice of not loaning money that I was not prepared to give away, which means my full response is most often no.
If someone dares to ask why, it’s because it’s my money and this is not how I would like to spend it.
It’s hard to watch people struggling if so, but as you said you’re watching them recreate too. This is not to say that all are not worthy of recreation, but again, decide if you are willing to part with the money, and what it’s spent on matters less to you.

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I’m going through the same thing! You are not being unreasonable at all. If you can spend money on living your best life then you can pay me back my coin-dellas.

I had to learn how to say no because I got tired of being misused. I definitely know the feeling and can relate.

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2 adults in a household need to figure it out themselves or just struggle together. No need to rope anyone into their mismanagement of money. Sounds like you’re being played, darling. They will always lean on/use you, if you continue letting them. And it won’t just be them - others will too.

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No. Period. There’s an entire able bodied spouse who can have her back, no one has yours if something happens. Say no, and if they don’t understand oh well. I can’t even imagine my husband allowing me to borrow money from other people without first doing literally everything possible to make some extra money.

smart

Sounds like my mama lol. I finally just agreed to a set amount each month because all of the asking and sob stories and promises to pay back was wayyy too annoying. Now, I’m a director and so a few hundred dollars a month isn’t a big deal and the fact that it’s setup as an automatic transfer means less drama.

But if this ain’t your mama or daddy or the equivalent, absolutely not.

Girl...I would say no! Someone else’s opinion of you is their problem🤷🏿‍♀️ if they get angry, so be it. You gotta focus on you!

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