Financial assistance # 2
January 21, 2020
I’m Miriam Neff-with STARTING OVER FINANCIALLY, and I’m Valerie Neff Hogan, and we’re here to talk about money
M When we are asked for financial assistance, which will happen in many families this year, here’s a question to answer. ‘How will this affect my relationship with that person?’
V If ‘No’ changes the relationship, that’s information we need to know. Family and ‘friends’ can be users. Its better to acknowledge that fact. The relationship may not be what you had wished. But now you know what is real. Another question is ‘how might I accelerate growth in that persons financial development?
M It may be that non cash assistance is better. Or a gift based on additional income they can have by working for an additional source of income.