Lending Money to Friends and Family

How to avoid heartache when loaning to a loved one

they can do to meet their commitment. “I’d say to them that we’re still friends, or we’re still family, but this issue is front and center,” Stallings says.

At the end of the day, it’s up to you to decide whether the amount of money you loan is worth the bond you have with that person. “Despite the discomfort, I try my best not to burn bridges,” Holmes says. “When it comes down to it, the relationship is still more valuable to me than the money.”

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