Tag Archives: lending money to family

lending money

Never Be Guilted Into Making Bad Money Decisions

Don't be emotionally blackmailed into putting your financial health at risk

There is nothing wrong with helping friends and relatives during tough times, commensurate with the…

By Alfred Edmond, Jr.

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The "forgetful" borrower. Don't be surprised when you lend money to a cousin or your favorite uncle and you never get it back. If you lend money to a family member, consider it a gift. Family members are usually the worst when it comes to repaying a loan. So when Christmas comes around and they find an empty box under the tree, say Christmas came early—when you “lent” them $200 earlier in the year.

6 Financial Deadbeats to Avoid

Make sure you don't turn into one

Make sure you don’t turn into one

By Sheiresa Ngo

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