Episode 5: The 10 Commandments of Personal Finance #2

As an African American, I know firsthand the pressures of financially supporting family and friends. We often feel a strong sense of loyalty to those closest to us and feel obligated to offer financial assistance when needed. However, over the years, I have learned that loaning money that I do not have to loan can lead to detrimental consequences for both the lender and the borrower. In this podcast post, I will explain why I have chosen to prioritize my financial well-being and the importance of setting boundaries when it comes to loaning money.