Well, hey, you guys. So listen, family is one of those things in life that it is a gift. It really is.

And in order to have that gift be a gift that keeps on giving, we want to make sure that things are in line and boundaries possibly have to be set.

And I think the older we get,

right, as you come into adulthood when it comes to your parents specifically and maybe your adult siblings, there are times that you have to create boundaries. And that could be for

many different reasons, but let's talk about the money side of it today. So today I want to

talk about three important boundaries that you may

want to set when it comes to your family and money, but stick around to the end, because there is

one time that I think money can definitely be in the mix when it comes to your family. But first,

if you haven't subscribed to this channel, make sure you do so that you never miss another episode

like this one.

All right, first and foremost, let's talk about the negative effects when it comes to owing someone money, especially when you are related to them. So the idea of debt in general

is something that is really difficult and a big stressor on people's lives. Like when you

owe hundreds or thousands of dollars of debt every single month, that's income that you could be

using to, you know, spend, to give, to save, to do whatever you want with it. And so being able to have

autonomy over your money is really crucial. But when you're in debt, that autonomy is taken

from you because someone else is telling you where your paycheck has to go. And it does leave you

in a powerless position when it comes to your money. So flipping the script, and when you are out

of debt and you don't owe anyone money, then it gives you the ability to probably have way more margin

when it comes to your budget. But also this feeling of, yeah, I don't owe anyone anything.

So if something happens and I don't have all these payments that I have to pay that people are waiting

on, you are free and clear of that. So debt in general can be a stressor. But when you owe money

to your family, well, that makes it

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