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The joy of redlining: Why I never lend money to Florida • LendingMemo

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Lending Money to Friends and Family Members [One Minute Rants] In lending the only money I had; I was trying to help her, but was actually hurting myself (or at least taking a big financial risk). To add insult to injury I almost lost a good friend during this crazy ordeal. I have a real simple rule, I never lend money that I cannot afford to lose. It may be $5-10 for lunch etc.

People have lent money to family and friends since money was invented, and I have been doing it since I Money Crashers – 10 reasons why you should NOT lend money to friends and family. Wall Street Journal again, in case you weren’t paying attention – Never lend money to a friend.

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By lending your friend money, in a way, you will be giving him or her a free pass, and doing so may not actually be in their best interest. Whether you like it or not, the dynamics of the friendship may change. This is because lending money to your friend may cause awkwardness.

She lend money from me and promise to return to me once she received her salary. But, i never seen my money return to me anymore. Yes I had but I will never lend money to such friend again. When they are in need or just claiming to be in need of money they come with all the excuses to asked for.