24 Nov '11, 11pm

Home for the Holidays? How to Handle 5 Awkward Money Questions - Yahoo! Singapore Finance via @YahooFinance

Susan Johnston , On Wednesday 23 November 2011, 1:36 SGT As millions of Americans return home for the holidays, they'll share homemade meals and, in some cases, awkward conversations about money, especially with many people still unemployed or underemployed and strapped for cash. U.S. News asked several etiquette and personal finance experts for their tips on fielding uncomfortable questions from friends or family members. [See 10 Ways to Start Earning Extra Money Now .] 1. Question: I'm having a tough time, so could I borrow some money? Answer: Don't feel pressured to give an answer on the spot. An immediate no could embarrass the person, while an immediate yes doesn't give borrowers time to think it through. Experts agree that you should never give money you can't afford to lose. But if you can afford to help a family member and want to do so, then Manisha Thakor, a pers...

Full article: http://sg.finance.yahoo.com/news/Home-for-the-Holidays-Ho...

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