CASPer Test 2025 – 400 Free Practice Questions to Pass the Exam

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What approach can be taken to avoid negative impacts when dealing with finances among friends?

Communicate openly about financial boundaries

Communicating openly about financial boundaries is essential for maintaining healthy relationships among friends. When individuals express their expectations and limitations regarding money, it fosters transparency and understanding. This approach can prevent misunderstandings or feelings of resentment that may arise from lending practices or financial decisions. By discussing financial boundaries, friends can navigate situations like lending money or splitting costs in a way that aligns with each person's comfort level and capability.

Open communication about finances allows friends to express their feelings, set terms for any loan or financial assistance, and respect each other's financial circumstances. This proactive approach can positively influence the friendship, ensuring that money is managed without creating tensions or conflicts.

The other options present strategies that could contribute to negative outcomes or misunderstandings. For instance, lending money without conditions can lead to feelings of entitlement or resentment if the loan is not repaid. Avoiding discussions about finances altogether may allow issues to fester beneath the surface, ultimately harming the friendship. Lastly, only sharing financial details with close family members may limit the openness necessary for healthy financial interactions among friends, who might also play significant roles in each other's lives.

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Always lend money without conditions

Avoid discussing financial situations completely

Only share financial details with close family members

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