When do you stop giving?

I have a friend that asks me for money every few months. Problem is I'm currently facing financial problems but he still asks me. How do you stop yourself from giving out money? So far I've tried to help him for like 700usd(not a lot but its like 2 months salary here). I'm a bit exhausted at this point(due to having my own financial issues)

A lot of responses here are posted by people who love money, and that have made money their god. So they say things like, "Don't give him anything because it's not helping him" or "people are poor by choice". These are false rationalizations made by people who are greedy and selfish, who fail to realize that the portion they have in their life was given to them and not earned.

If you are in a position to help someone who needs it, you can and should even if it sometimes makes it more difficult for yourself, but at the same time you should consider what the real problem is. For example, if your friend has issues with gambling then giving him money just enables it. The same is true if he is spending it on drugs or alcohol. But if he is using it to feed his family, then his times of trouble will eventually pass.

When should you stop giving? At the same time you decide to stop accepting the things that are freely given to you each day.
 
I have a friend that asks me for money every few months. Problem is I'm currently facing financial problems but he still asks me. How do you stop yourself from giving out money? So far I've tried to help him for like 700usd(not a lot but its like 2 months salary here). I'm a bit exhausted at this point(due to having my own financial issues)
As much as you think you are helping him, You are actually destroying him, his creativity and his way of finding out a solutions.

You are talking about a friend here, but even with family members, it might be hard to abstain but It will help the situation at the end rather than make it worse for both you and the person in need.

One time is okay but the moment some one comes back. You would have to tell them No.
 
From what I know he takes money from the social welfare. He has two children so he has been in the red for awhile now after his bike broke down. Yes he tells me he doesn't eat sometimes and just starve the day away until night time then eat like instant noodle or something really cheap.
Well, that is a real unfortunate situation for him or anyone to be in.
From just the few things, It seems like his job isn't paying for shit to sustain his family even with cut offs.
Maybe he needs a new job or juts new doors of opportunities.
When I did say before if the situation is reverse, it doesn't have to be always financially, if he is there as a friend and always has your back.
If he understands that you are not doing financially well and can't always lend him a hand, he is a real friend.
also assuming he isn't drinking his money away or gambling his money away.
 
I was once where your friend is before I started Cpa marketing I was struggling to eat and I had friends help me out sometimes, but this particular friend he helped me sometimes sometimes he did not help even if I knew he could help ,Sometimes Because he could afford to help I thought he was selfish or I hated him, it’s until now I realized that it was for my own good sometimes not helping me, it really helped me, I was clearly in a state where I wouldn’t have made it without their help but also if they made it easy for me I could have never made it this far, I would still be feeling comfortable, the point is , your friend won’t get out his comfort zone because he knows you got him, if his job is not paying enough he should find another or ask for financial assistance to start a small business, if you want to help him stop helping him.
 
just give him double 700x2 to 1k4 $ and fill for bankrupt and show him your papers
 
You need to tell us about your financial situation. he is depending on you which is not good
 
Help him to get enough money to survive but don't borrow.
 
Do what Kevin Oleary said. He never borrow money to friends.
He will give money once, he will say it to that guy and his only term that he can't ask again.
 
Same, most is in ETF´s or Crypto invested. But honestly, there has to be some money to has immediately access to.
What ever happen, i not want to payout when i have to, want to decide myself when to payout regarding to the current value. :)

I have most in stocks, so on weekdays it's easily accesed if I need them asap.

Have other places where the money is locked for 6-24 months, but not that much $$$.
 
Nobody can give you advice in this kind of situation except yourself.

If you are also struggling financially, then you cannot keep helping.

If he's your friend and a real friend, you can keep helping with what you can afford.
 
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