All articles tagged with #financial boundaries
A woman writes to Slate's advice column about her husband's loyalty to his gambling-addicted family, which is causing financial strain, especially with a new baby and his recent job loss. The advice emphasizes the importance of setting boundaries, seeking joint counseling, and utilizing addiction resources to protect their financial stability and relationship.
A financial therapist advises setting clear boundaries when family or friends ask to borrow money, as lending can strain relationships. It's important to assess if you can afford to help without jeopardizing your own finances. Offering a smaller, affordable amount can be a compromise, and communicating your financial obligations can help. Feeling guilty is normal, but writing down your financial goals and boundaries can reinforce your decisions. Maintaining these boundaries is challenging but crucial for achieving long-term financial stability.