CLASS 10
THE NECKLACE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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give money to his relatives
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travel abroad
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buy an estate
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pay debts
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Detailed explanation-1: -Remember to convey your rationale as clearly as possible. Talk about your own finances. Detail the precise financial reasons you’re not comfortable giving the money. Explain how a loan may cause you financial hardship and (if you feel comfortable) detail to your relative what you can and can’t afford.
Detailed explanation-2: -If your relative asks for money, say that you are willing to give money in order to help their recovery. For example, say that you are willing to help them seek treatment or see a counselor. Do not give them the money for treatment directly.
Detailed explanation-3: -When you get married and have children, your family should be your top priority. Ensure that you have a budget, an emergency corpus and adequate insurance, have mapped out your goals and are investing for them. By all means help out your parents if they need it, but try not to do it at the expense of your own family.