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117 Past Due – Borrowing Money From Loved Ones

by Derek Sisterhen on August 4, 2010

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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).

Today’s Mentionables:

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”

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