Avoid Damaging Relationships by Only Lending What You'll Never Need

Setting some clear ground rules and only lending money you dont need at all can help keep things hassle-free.

Before you grab your checkbook, always make it clear that you expect them to pay you back.

Its good to help out, but you dont want it mistaken for a handout.

The best way to alienate friends and family alike is to harp on them to repay the money.

Its better to just not bring it up again.

Consider it a gift and dont ask where your payment is.

Nobody is getting pestered to pay up and no one is waiting on money they need for something else.

If you cant afford to help, youre better off not offering at all.

Lending Money to Friends and Family Without Losing Both| Credit Sesame Daily

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