Loaning Money to Friends and Family
Friday, 17 August 2007
I wish I could remember where I heard this advice, but I think it is one of the best things I’ve ever heard…
Give money to your friends, don’t loan it. If you loan money to a friend and expect it to be paid back you will probably lose either the friend or the money, and possibly both.
No friendship is worth any amount of money. If you have it, give it. If you don’t have it (or if it is simply too much to give), help them find another way.
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