By April Taylor
Helping out friends and family financially can be a sticky and often misunderstood situation. As Lynette Holloway writes for The Root, it is important to set boundaries and be aware of pitfalls when helping out those closest to you. The blog is part of a series focused on building black wealth. In it she highlights the story of Marlon D. Cousin’s whose nephew did not receive thousands of dollars in financial aid that had been awarded. As the managing partner at an Atlanta-based recruiting firm, Cousin had set up an emergency fund to be used for families in situations much like his nephew.