Tag Archives: loan
Lending to Family or Friends?
DON’T lend money. Gift it DO create boundaries around whom you support DO offer other ways to help DON’T cosign a loan
Consider Their Character
One day, a good friend of mine — a former roommate and tenant — sent an email to me and some friends. He just lost his job and humbly asked all of us if he we could loan him money … Continue reading
Lending Money to Family or Friends?
Use the loan as a teaching moment Early in their marriage, my son and daughter-in-law had trouble making their paychecks stretch — and started asking my hubby and me for money. I said yes with a couple of strings attached. … Continue reading
Four Questions To Ask Before Lending Money
According to Singletary; Wendy De La Rosa, assistant professor at the Wharton School of Business; and Berna Anat, author of Money Out Loud: All the Financial Stuff No One Taught Us.
Set Financial Boundaries
Saying “no” might not be easy, but setting financial boundaries with your friends and family is important. Whether it’s a bestie’s bachelorette party or a sister’s loan request, be honest about what you can and can’t afford. Yes, you *can* decline an invitation to … Continue reading