Kevin O'Leary shared his approach to family members who ask him for cash.
The "Shark Tank" investor gifts the money instead of lending it, and demands they never ask again.
AdvertisementLending cash to family members can make things awkward, breed resentment, and even destroy relationships if they struggle to make payments or take the money and run.
The "Shark Tank" star recently shared his personal policy in a video clip posted across his social media channels.
Related storiesWhile family members should care for each other, "that doesn't extend to, 'Oh, I want to open a disco, I need $100,000,'" he noted.
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