Helping siblings who are in debt

0$ to 1 million. depends

I never expect too ever see the money again..

Are they still making the poor financial decisions? If so, they will likely be right back in same position.

Perhaps incentivize meeting certain goals on their own rather than just paying off their debt yourself. Unless they've built good financial habits you might as well be throwing your money away.

No financial help, but would be willing to sit down with them to come up with a plan to clear that debt. They will have to come to the table with all debt information, all monthly obligations, and all expenditures for 2019 & 2020(cc transactions, bank transactions...) at a minimum.

Without this, all I can do is give them the standard boiler plate talk..."you need to take a hard look at your income and make sure you aren't spending more than you make"

I'd also offer them to read something along the lines of "Start Late, Finish Rich"

Enough for shelter and food, which I would pay for directly - no cash to the spendthrift.

Family, the OTHER "F" word!!!!

Got one of these situations in my own family. Bro in law has historically made poor decisions, is on third marriage, has a bankruptcy in his past. He won’t be able to retire: I’m sure he will be doing something well into his 70s unless one of his four kids strikes it rich. He received the same advantages as his siblings—modest but not tiny inheritances when each parent passed, little bit of money from late grandparent. But he can’t hang onto a dime to save his life....I am generous toward his kids, bc they’re all solid citizens who have learned from his bad example. But my spouse and I are absolutely NOT giving him money. He will likely have social security and keep working til he physically can’t any more. C’est la vie.

It can be hard to keep the peace in a family who don’t all have the same standard of living.

Seems like everyone has at least one family member in this sutuation...