We’ve all dealt with our share of financially inept friends and relatives who prefer to live in their own short-sighted bubble or simply prefer lazing around mooching off someone else’s wealth. They may be good people, but lack the courtesy needed to be followed in giving and taking money. Unfortunately, this becomes quite a dilemma for those of us who are forced to cut past empathy with cold rationale. As a result, we often end up letting them borrow money from us knowing very well that it’s not going to be a loan.

There may also be times in which you really need the money for yourself and do not have enough to lend it to them but get you get stuck as you do not want to come off as rude as it might hamper the relationship you share with them.

Here are a few ways to turn down ...