How to your relatives
@extremefun4fun (2908)
India
April 5, 2013 3:41am CST
I remember from my childhood, there was a meeting for all relatives, we were sitting together and share how to solve financial problem of those who were more poor between our relatives or family members.. so we used to save our money and an trustful one, could be a Bank of relatives, to collect money and make a Money Box to give loan to those who needs money to make better life with more facility for their family..
we did that because we saw that for some relatives taking loan from bank is so difficult or impossible and in making a family bank and family loan, made many changes in their life...
for example you and your family members or friends can add money in money box for loan, that much that you can and they can, collection of all money, will be given as a loan to one of those who for example needs to buy a car or something like that and the one who has taken the loan will give back the money to the box per month and then like that after some months or a year, then it will repeat for another one..
try for it and help your relatives or friends in that way and make changes in their life , make more happiness and more facility for their life....
How do you help to your relatives or how do you receive help from them in that way?
1 person likes this
5 responses
@rajendraingale (289)
• Estado De Mexico, Mexico
5 Apr 13
hello there,
Its really a nice way to help and show them how much do we care for them.That could also be possible not only in financial term but many other things too,right.?
As far as i understand money is one of the most dangerous things in the world,which can bring enemies together or can create differences between friends.So my point of view is that you should help only those who realize what you have done for them,after all you have also adjusted your budget and given them the money,so its their moral responsibility to return it back when you ask for it instead of giving reasons for it.
People in this world are not the one who can be trusted blindfolded,so one has to think 10 times before lending money,no matter if they are relative,friends or someone you just know.While taking money they would be happy and saying nice things,but when the time comes to pay back,they would start making sad faces with reasons you have never heard off,they might say something behind your back too.soo think before you do something good for someone.
Take Care
RAJ
@rajendraingale (289)
• Estado De Mexico, Mexico
5 Apr 13
On social terms,will it look good that you are lending money to your relatives and then you expect a blank check.What's the point in taking a blank check when they don't even have money in the account.
I would rather go for another option which is more legal,just signing a bond,which would make them realize the consequences if they don't return the money back on time,what do you think..?
@extremefun4fun (2908)
• India
5 Apr 13
i think if we know someone is not reliable in that way then we should not help and if we do then we should take something from them like an blank cheque , something like that... 
@extremefun4fun (2908)
• India
5 Apr 13
well, thanks God till now we were the poorest one in relatives and till now all were honest in that.. even they are in habit if you give them any gift it would come back to you double by them... it is mostly nature of people there.. your idea is good.... anyway for those who we have no trust... then it is better that we help them how to catch fishes except giving them fish..
@mohkanari (1957)
• India
5 Apr 13
I have worked in a bank. At the time of taking loan all customers are pleasant, co operative and showing grateful attitudes to bank. But when repay starts most of them start to view bank with hatred. So, generally people are happy to to receive loan/ help by cash, but very negative to return it. I am liberal in helping money, but I haven't got most of that money back. On the other hand I haven't got similar help to me while I was in deep troubles.
"Lend a small amount to a person and make a friend, Lend a big amount to a friend and make an enemy" - I think Confucius has this or similar statement.
@extremefun4fun (2908)
• India
5 Apr 13
well i think it is all depends to persons and base of their family what parents teach them or not.. if the one who destroying many years respect and friendship for getting some amount of money then.. that much is just his or her value , later when she or he will suffer in any part of life will cry for himself that i lost such caring people just for some amount of money....
i did not see that kind of behave in my relatives and that is why i think if all are like that... we used to see relatives on what they really need and wait for the time to but it for them as a gift, these are such rules in my relatives and for that each live happily with all facility in their life...
@mohkanari (1957)
• India
6 Apr 13
Hello Admin,
Then you are nearer to Confucius statement and my side. One can lend to another expecting all possibilities of NO repayment of it. When attempts are done to get back the paid money, it may bring NOT money but hatred.
@Admin1993 (628)
• India
6 Apr 13
I agree with both of you but... Are u aware of Dangers of helping a person get a loan?
Well I should explain that.
We should not make ourselves responsible for another person's debts. We should try to avoid these things even it might be helpfull for those poor relatives or people. Making such deals are danger.
@stary1 (6612)
• United States
6 Apr 13
extremefun4fun
I am very impressed with you and your family and relatives. This is such a good idea and the way things 'should' be...but it does take cooperation from everyone. I guess the family pressure would be enough to keep everyone honest..
I think this is a wonderful idea and congratulate you and your relatives for making this a success and benefit for your relatives!! Often people are told to not go into business or lend or borrow money from friends or relatives. I think that is too bad and it's terrific to read a success story such as yours. Thank you for sharing your story!!
. This is such a good idea and the way things 'should' be...but it does take cooperation from everyone. I guess the family pressure would be enough to keep everyone honest..
I think this is a wonderful idea and congratulate you and your relatives for making this a success and benefit for your relatives!! Often people are told to not go into business or lend or borrow money from friends or relatives. I think that is too bad and it's terrific to read a success story such as yours. Thank you for sharing your story!!@mohkanari (1957)
• India
6 Apr 13
Hello stary1,
Certainly it is an appreciable attempt. Our MyLotter friend is describing it as a childhood memory. That hits the practice isn't available at present. I think that attempts to help money in need turned NOT viable soon. Most of the persons are reluctant to repay money. It is a general nature and trend of human, though there may be exceptions.
@extremefun4fun (2908)
• India
6 Apr 13
Hello stary1 and thank you so much for your nice appreciate.. I think parents are too responsible to teach good thins to their children to make a better and more reliable society... till we say to each other to not help others in money and we teach that to our children then we should not get result better than cheating in money but if we teach them honesty and to be thankful to the one who does good to us, like God and good ones, then I do not think people behave like that... I am so thankful to God that I have such a helpful and respectful relatives and family who taught me a lot about responsibility and honesty to others and I have seen much goodness from them. wish if all of us, we could do some good things for our relatives and neighbours who really need something in their life... needs is not all even about money, is about love, caring, visiting ill ones.. giving a hope, showin a smile... and...
@extremefun4fun (2908)
• India
6 Apr 13
and Hello mohkanari...
well, that is not a childhood memory, but that is what I mentioned I remember FROM my childhood, means from my childhood till now...... even my relatives they have become much better for helping others.... that much that they earn more in their life and more success and happiness, they would do something for their poorer relatives and making more happy environment there...
so that is not a childhood memory.... and I think if we could accept some responsibility for first our family, then our relatives and then for our neighbours, we can have much and much better society.....
@srisahara (4508)
• Indonesia
5 Apr 13
Hi friend, it is very great. I think it is a good idea for big family, because they can collect much money from the family member. I am really impressed with your family's culture. It can build good relationship in your family. In my region there is no this culture, maybe there is but a few that has the good idea. It is really the best way to help family member.
@extremefun4fun (2908)
• India
5 Apr 13
I think we are responsible for our relatives and neighbour too.. we should try our best to help them and live with more facilities.. that is why we work... to have better life and enjoy with facilities and to make happiness and joy
@emily7339 (1337)
• Malaysia
5 Apr 13
This seems to be a very good means of helping a relative who is in need of money. However, it will only work for long term if the person taken the loan to make money repayment witout fail. If otherwise, it serves no puposes and get everyone in financial difficulty or trouble.
I am glad that your family's plan is a successful plan as everyone is doing it for the good of one another in the family and are responsible for their loan. So, it is indeed a good plan if all turns out well.
@extremefun4fun (2908)
• India
5 Apr 13
yes, it has worked well for many years now and has improved specially life of new married ones in relatives...
