Alpha Consumer

Audio: Responding to Relatives Who Want Money

By Kimberly Palmer

Posted: November 25, 2008

LISTEN: Tips for When Relatives Ask for Loans

This weekend, I spoke with WTOP in Washington about what to do if Thanksgiving turns into an awkward family discussion about whether you can lend money to needy relatives. We talked about why it's OK to say "No," how to reject requests firmly, and the best ways to go about giving money if you decide to do so.

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Alpha Consumer

Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about how to save money, avoid scams, manage debt, and be a savvy shopper. Send your personal finance questions to her for expert money advice.


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