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Never loan money to your friends and family #personalfinance

Bukola 5 views

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@josephlim6854
 Another way to look at it is to give them an advance birthday gift for the next 5 or 10 years or something I agree though that only 'lend' money that you can actually give
Comment from : @josephlim6854


@Robay146
 Lol, but if you say no, It's a problem as well
Comment from : @Robay146


@Alwayshumble2024
 Preach sis
Comment from : @Alwayshumble2024


@Mmmkay
 Agreed ! I live by this rule as well If I give you money I accept it within heart that it is a gift and not to be repaid I don’t want repayment struggles due to life alter a friendship or relationship
Comment from : @Mmmkay


@jess-inspired
 Absolutely!brbrPlease also, how do I reach you ma'am?brTried reaching out on Instagram, if you don't mindbrbrGreat content as always!
Comment from : @jess-inspired


@helena3631
 I don’t bm loan money I never get it back
Comment from : @helena3631


@1VIPWRX
 loan what you can afford to loose ? they ask for 500 and you can only afford to loose 100 , they get 100
Comment from : @1VIPWRX


@tonymontana8741
 Exactly, never lend money with the expectation that you're gonna get it back
Comment from : @tonymontana8741


@lilrockstar77
 Been following this rule since I was in my 20’s It’s very much an amazing way of doing it
Comment from : @lilrockstar77


@NOCDIB
 Software engineer, here, and I was burned by two of the three immediate family members I lent money to I don’t loan money to anyone, anymore
Comment from : @NOCDIB


@Ambi1021
 This is a really good rule to live by
Comment from : @Ambi1021


@P0cahontasV
 I always say don’t lend anyone money unless you’re ok with not getting it back I live by this
Comment from : @P0cahontasV


@cristyhernan6806
 I live by this now! I didn’t when I was younger and boy do I regret it
Comment from : @cristyhernan6806


@isma-bj8uo
 So true !
Comment from : @isma-bj8uo


@danny41992
 Don't borrow, and don't lend That's what I was taught: live within your means
Comment from : @danny41992


@darcipeeps
 Hm good advice
Comment from : @darcipeeps


@ronidinho
 Great advice! I do feel a bit guilty about not helping out but I believe it’s the right decision in the long run 💯
Comment from : @ronidinho

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