I was listening to a podcast where a guest who recently came into money was asked how she deals with mooching family members or friends. It got me thinking about this a lot! As you've gotten your finances in order, have you personally experienced this?
Whether it's the friend who only reaches out when they need an extra buck or the family member who can't seem to get it together, I was curious to know how you all deal with friends or family who mooch off of you.
Does anyone have any special rules when it comes to lending money to family or friends? Do you establish formal guidelines or contracts with people you lend money to? Any positive (or horror!) stories? Has anyone ever had to confront a friend or family member for doing this?