I’m 33 and I’ve hustled hard to make something of myself. Now my sister, 29, is asking to borrow money — again. I can afford to help, but I don’t want to this time. What do I do?

Lending money to family: What could go wrong?

According to Lending Tree, 35% of Americans who lent money to family or friends reported negative consequences. These include hurt feelings (14%), decreased contact (11%) and resentment (10%).

Lending to family can also blur emotional lines. It’s one thing to help someone in a crisis. But if there’s no plan for repayment or accountability, it can easily lead to resentment.

A short-term favour can quickly shift the family dynamic and turn one sibling into a provider and the other into a dependent.

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Financial help doesn’t equal financial handouts

Saying no to lending money doesn’t mean saying no to helping. Some forms of support can be more beneficial in the long run. Here are a few alternatives that might empower your sibling more than a temporary bailout:

• Offer to review their budget: Sometimes, all it takes is a fresh set of eyes to spot where money is going. Instead of offering cash, propose working together toward a goal like building an emergency fund.

• Help them apply for jobs or update their resume: A part-time job might not cover everything. Offer to help update their resume, practice for interviews, search for better opportunities or tap into your network on their behalf.

• Help them explore debt consolidation: If they’re overwhelmed by bills, consolidating the debt into a single, lower-interest payment might help them catch up.

• Set boundaries with conditions: If you choose to help in the future, consider setting clear expectations, like one-time assistance, partial repayment, or proof of an action plan.

• Connect them with a financial advisor or credit counsellor: If the situation is complex, a professional can offer tailored advice and help them build a sustainable plan to get back on track.

There’s another often-overlooked cost: your peace of mind. Financial boundaries are just as important as emotional ones, especially when you’re working hard to maintain your own stability.

Prioritize your financial stability

Eric’s situation is a reminder that being financially stable doesn’t mean being responsible for fixing other people’s problems. Saying no to a loved one can be hard.

But it can also be the first step toward healthier boundaries and long-term solutions.

Whether his sister agrees is uncertain. But Eric’s stance is firm — not out of coldness, but out of care. He wants her to thrive on her own terms, not just get by on someone else’s dime.