My uncle came over last night and wanted to borrow another $40.00 until payday. He has kids and he really needed it to buy gas and a few groceries. Forty dollars might not seem like a lot, but over the years he has proven that he can't live within a budget. Sure he pays me back a little at a time, but never the full amount. I'm also starting to get a little concerned about his ability to pay.
Question: What would you do next time that he needed money?
A: Yes, loan him the full amount.
B: Yes, but only a fraction of what he needs.
Please leave A,B, or C and a comment if you desire. Thanks again.
Keep Right On Prepping - K