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This is something that one brother struggled with after he refused to co-sign on the mortgage that his sister and her fiancé were in the process of acquiring. They asked him to do this as she did not have a good credit history, and he was perceived as the more financially responsible family member.
However, the man had gone through a divorce a few years ago, where he had taken a significant blow to his finances as his ex also had ownership of everything they shared together. He didn't want to get burned again, but his family were not pleased that he was not willing to help out. He looked for a second opinion.
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AITA for refusing to co-sign my sister’s mortgage after what happened with my ex wife?
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Man refuses to co-sign mortgage of younger sister and fiancé following divorce, family gets offended: 'I thought I was being the nice guy'
Many prefer to keep things in the family when it comes to money.
Whether they are planning their inheritance or looking for a helping hand with their debts, the majority of people look to their relatives as they figure out their finances. It makes a lot of sense when both giving and receiving support, they want it to be their family that is the first in line; after all, most are taught that this is exactly what family is for.
However, just like in any type of relationship, money can prove to be a point of contention between relatives. Loving somebody is not the same as trusting them to make sensible financial decisions, and there are plenty of examples of people who would rather avoid sharing a financial burden with a family member for precisely this reason. The difficult part is saying no, as more often than not, that isn't something that they want to hear.
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