Woman refused to help her sister with money


Which would you give priority to your university funds: your dream career or the surgical expenses of a loved one? A sister chose her medical career over her sister’s husband’s surgery and refused to pay for his operation. Was it a wise decision? Here’s what the experts are saying.

If you lend money to family or friends, beware: you may never get it back! However, don’t you find it inhumane not to lend money to a loved one when they know they are in an emergency? Experts say nearly 46% of people who loaned money to friends or family reported negative results.

In addition to not getting the money you loaned back, you will end up damaging your relationship with the borrower. These are the conclusions of a survey carried out by Bankrate.com. Almost 37% of people never got their money back and 21% experienced a fractured relationship with borrowers.

People exchange money | Photo: Shutterstock


When a loved one asks for money, things can get complicated. Whether it’s writing a check to a family member or a friend in need, most of us have loaned someone money. A Redditor decided to go against social norms by refusing to lend money to his brother-in-law for his operation. She Explain on Reddit:

“I refused to help, and she collapsed at my aunt’s house, calling me heartless, cruel and without empathy. She said her husband’s health should be a priority and that I should help him because education is nothing compared to someone’s health and asked me if I would be happy to see her widowed and my fatherless nephew ”.

When you lend money, the amount matters. For example, if you lend a small amount, non-repayment usually won’t damage the relationship compared to lump sum loans. According to MarketWatch, you should never borrow money from your family and friends.


Refusing to borrow money from someone could damage our relationship with them. This is precisely where this woman felt trapped. Despite being emotionally cornered by her sister, the Redditor decided to choose her future over her brother-in-law’s surgery, to explain:

“I asked my friend, and he told me to let them sell the cars and all the luxuries they bought to pay for the surgery and warned me that if I gave them money , I will never get it back and I may not be able to get to a doctor. school. “

Shockingly enough, the brother-in-law once enjoy at his father’s funeral. Bringing money into a relationship can complicate matters. Experts claim that lend money and not being repaid starts an imbalance of power in a close and well-understood relationship.

Two people exchanging a ten dollar bill |  Photo: Pexels

Two people exchanging a ten dollar bill | Photo: Pexels


Money is a complicated subject for people, and borrowing from family and friends is something most financial experts will advise you to avoid. But some people decide to do it anyway. Another woman Explain on Reddit why she didn’t want to financially support her sister:

“My parents agree that Lucy and Nick shouldn’t have tried having a baby. But, when I said I wanted to stop giving them 2 weeks of my monetary compensation that I get in return for my life, they said I was wrong.

Things go wrong when the borrower takes you for granted and avoids paying you back. Eventually, some people become human ATMs when acquaintances frequent them for financial credit and never pay them back.

Man counting money |  Photo: Pexels

Man counting money | Photo: Pexels


Lending $ 20 to a friend and lending $ 2,000 are two different things. Regardless of the amount, experts claim you have a right to know where the money is going. Daniel Wesley, the founder of CreditLoan.com, complaints:

“You don’t want to be an ATM. It’s good to be able to help, but it’s better to make sure the borrower is working on something so that the loan is a means to an end rather than something that allows them.

Some people always rely on others to help cover their financial problems. According to a Federal Reserve investigation, about 40 percent of adults cannot cover an emergency expense of $ 400. Either he wouldn’t pay it or he would allow it by selling something or borrowing from family or friends.

Man holding money |  Photo: Pexels

Man holding money | Photo: Pexels


While obtaining loans from financial institutions incurs interest, borrowing money from friends and family usually comes with very low or no interest rates. In addition, the absence of binding contracts leads borrowers to believe that there is no rush to repay the loan. Viral Bhatt, Founder and Advisor of Money Mantra, said:

“Learn how to turn down requests after loaning money multiple times. Also, politely ask them to repay the outstanding amount first when they approach you for new loans.

Another factor to consider when lending money is your proximity to the borrower. Lending money to someone you barely interact with increases the risk of not being paid back on time. Also, as a lender, you need to know if the borrower’s need is real and their repayment capacity.

Woman holding a <a class=credit card | Photo: Pexels” style=”width: 100%; height: 100%;” src=”https://cdn.amomama.com/4b3fc69e57d8f0cccad44e40f89047a2.jpg?width=5435&height=3898&width=5435&height=3898&width=5435&height=3898&width=5435&height=3898″/>

Woman holding a credit card | Photo: Pexels


Some of us may feel the need to help a loved one when needed. Their helpless situation can evoke our emotions and cause us to do something we may regret. However, experts say that if someone doesn’t pay you back, the feeling of betrayal can permanently damage your relationship.

Bruce McClary, Vice-President of the National Foundation for Credit Counseling, Explain that people often lend money to their friends or family in good faith. They assume that the borrower will repay on time, and for that reason, they don’t put it in writing. Ultimately, it leads to regret when the borrower does not repay the money as promised.

Couple counting money |  Photo: Pexels

Couple counting money | Photo: Pexels

Many people turn to their knowledge for additional credit, especially during tough times. While turning to trusted confidants for a helping hand is not a crime, your ability to repay and keep your promise as a borrower is what matters most.

Experts say that bringing money into a relationship can potentially leave the lender and borrower feeling stress, anger, and / or embarrassment. Navigating in this situation can be quite tricky. However, as a lender, you can avoid problems by communicating clearly before giving someone another loan.

Person putting money in wallet |  Photo: Pexels

Person putting money in wallet | Photo: Pexels

Lending money to your friend or family means the whole relationship changes. In addition to being a friend, you become a loan officer. There is also a high degree of unpredictability for the lender as you may have no idea how the borrower is handling the money.

Several experts have advised that it is always best to put an agreement in writing before lending someone money. While lending money to friends or family is risky, you can still preserve your relationship with them as long as you are aware of the pitfalls of lending them money. What do you think? Your comments are appreciated! Thanks for reading!


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