popa, I don’t know if you stopped taking questions now that you passed, but hopefully not, and hopefully you are even better able to answer now than before.
What do you think of the practice mentioned in CM to charge family members interest, as a way to teach them of its “bite” nowadays?
For example, I have a family member who is paying credit card debt (which is a terrible waste of money). I want to pay off the debt on their behalf – but without letting them skip out on the lesson of the pitfalls of financial indiscretion. I think one way to do this would be to hold them to a punishing payback schedule so they can see what it would cost to pay for their mistakes (and as a side point- I plan on gifting the extra money back when they manage to finish paying).