104: 7 Reasons Why You Should Not To Lend Money To Friends & Family

Have you ever lent money to a friend or family member and never got it back? Sharing and being generous is always great trait to have, but sometimes this kind nature can be taken advantage of, and on some unfortunate circumstances, this whole money lending transaction destroys relationships when it's time to pay it back.Where do we draw the line? Do we really need to lend money to others?How do we say no?In this voice note, I share seven reasons why we should never lend money to friends and family, and if you should, how to carefully plan the loan terms, talk about repayments, and also how to help your loved ones go through their financial burden.If you loved this, please leave me a 5-star review and share with me your experience or thoughts on my Instagram @helen_uskovic. Thank you! Hosted on Acast. See acast.com/privacy for more information.