Don't be surprised if a relative asks you for money.
Consumer debt is at a record high and saving rates are low.
If you're put on the spot, you need to be prepared to answer this question because how you answer could result in hard feelings and resentments that could last for years. As for the second option, only lend money if it does not put you in a financial bind. You can always loan part of the sum. This can be a very awkward situation if not handled properly. To avoid undue feelings of bitterness and guilt, put your agreement in writing and be up front about the terms of the loan.