US jobless claims topped 40million in June. 30% of Americans have missed their June housing payment, a record number of student loans are in default. Financial strains can expected to increase later this month when the federal unemployment benefits of $600 are scheduled to expire. Against this backdrop, only ONE thing is certain: YOU WILL BE ASKED TO LOAN MONEY TO A FRIEND OR RELATIVE. You have only 2 choices: 1) Change your number OR 2) Be prepared to have a difficult conversation. Without some pointers, the explosion between our finances and loved ones can be cataclysmic! The first and most important rule is to never loan more than you can lose. You may also consider reducing the size of the ask and making it a gift!