Money and family can be a tricky mix. Most of us want to help the people we love, but sometimes good intentions lead to bad outcomes. Financial promises between family members can create stress, resentment, and even long-term damage to relationships. It’s easy to say “I’ll help you out” in the moment, but the reality can be much more complicated. When money is involved, emotions run high and misunderstandings happen fast. That’s why it’s important to know which financial promises are best left unsaid. Here are eight financial promises that family members should never make—and what to do instead.
