Can a person be a financial liability?

[Min George]

Liabilities are those things that take money from you. Some people consider material things or lifestyle to be liabilities. But can a person be a financial liability to another person?

At which point would you consider a person a financial liability?

 

[Springtime]

If a person regularly borrows money from you and never repay you back, or require you to support his/her life, I consider that person as a financial liability.

 

[Starmix]

A person is liable to whatever damages incurred in the business center. He has to pay. He's liable to replace or pay the damages. Whatever action a person does he's liable to pay in cash or in jail.

 

[King Belieal]

Some people just know how to bill you at any point you see them or hear from them, money would leave your life.

 

[Fidelia]

I had one cousin that was a financial liability. He is always asking for money and guilt tripping me in the process. I had to call his bluff once and for all.

 

[Kross]

There are people that are parasitic to your financial life. They are this kinds of people that are financial liabilities.

 

[Suba]

If liability is associated with debt then there is an obligation for the person to pay the debt, long-term liabilities can also increase wealth but too high a level of liability can also lead a person to bankruptcy.

 

[eLdavis]

A person who only ask you for money or collects money from you without adding any sort of value to your life can be considered as a financial liability.

 

[King Belieal]

A person who only ask you for money or collects money from you without adding any sort of value to your life can be considered as a financial liability.

That's clear. Such persons would even want to guilt trip you for refusing to give them money. But you have to look beyond their blackmail.

 

[Xtynehappy]

Of course a person can be a financial liability to another person. Those people that tends to draw money from you always and depend on you financial.