In this episode, we talk about the real risks of co-signing loans. It is not the act of support that people thing it is. It enables poor financial decisions, and puts your own financial peace at risk.

If you’ve ever felt pressured to “just help out” by signing your name, this conversation is for you.

Remember, this isn’t just about money. This is also about boundaries, accountability, and protecting your future. You can love someone and support them without enabling them or putting your own financial stability at stake.

If you have a loved one who is struggling with debt, spending, or saving money, one of the best first steps is to identify that there is an issue. One of the best ways for them to do that is to see a basic budget written out in front of them - income vs expenses. Many people are surprised at how much money they actually have going out.

Download our FREE one-page budget template at https://backwoodsmoney.com/free-budget-template/