If your family member or friend is having money problems

If you are worried about the finances of a person close to you, such as a family member or a friend, the first thing to do is to bring up the matter with them. Starting a conversation about the subject may be a relief for the person. Studies show that money problems can be a source of shame, and it can be difficult for people to talk about them. However, it is important to begin looking for solutions together.

Sometimes it can be difficult to start sorting things out alone. You can help your friend or family member find services to relieve their financial difficulties. If the person so wishes, you can also accompany them to a legal aid office to meet with a financial and debt counsellor. Remember that it is up to your friend or family member to make the final decision on whether to ask for help or not.

Financial assistance to a person close to you

If your family member or friend asks for financial assistance, discuss with them why their financial situation has deteriorated. If the circumstances underlying the difficult situation do not change, the indebtedness may continue, in which case the financial assistance you provide will not solve the situation.

Always think through whether your finances allow you to provide assistance. It is good to take into account any upcoming changes in your own life, such as retirement or a foreseeable increase in healthcare costs. Consider whether the assistance you could provide would improve the financial situation of the person.

Make sure that helping others would not cause any financial difficulties for yourself.

Peer support

If you are worried about the finances of a person close to you, talking can help. Various organisations, parishes and discussion groups provide peer support.

Information

The Peluuri.fi website provides information and support related to a close gambling addiction.