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Set clear financial boundaries with family and friends from "summary" of Broke Millennial by Erin Lowry
It's crucial to establish clear financial boundaries with family and friends. This doesn't mean you have to be stingy or rude, but it does mean being honest about what you can and can't afford. Setting these boundaries can prevent resentment and misunderstanding down the road. When it comes to family, there can be added pressure to lend or give money. It's important to remember that it's okay to say no if you're not comfortable with the request. If you do decide to help out, make sure you're clear about whether it's a gift or a loan. With friends, things can get a bit trick...
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