Past Due: Radio 117 – Borrowing Money From Loved Ones
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Sometimes the easiest place to get money is from someone we know – a parent, cousin, friend, co-worker, uncle, grandmother, and so on and so forth. But is that really the best decision? What happens to our relationships when we are indebted to a loved one?
On the other side of the coin, when is the timing right to lend money to a friend or family member in need? Is there a right way to loan money?
Today, I shared some real life examples of people borrowing and lending money with family and friends. The outcomes may surprise you (or maybe not).
Get Naked: Stripping Down to Money & Marriage – my latest book has just been published!
Boundaries – Henry Cloud’s book on when to say “Yes” and when to say “No”