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
Am I really in a position to be giving money right now? If you have to pull from funds you’ve set aside for critical expenditures like rent, car payments and health care bills, you probably shouldn’t lend the money. If … Continue reading
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
