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Personal Finance and Investing

Marthe48

(19,881 posts) Tue Sep 20, 2022, 12:27 PM Sep 2022

Learning the hard way [View all]

Just don't lend relatives money. It's nice to be helpful, especially when the recipient pays you back as promised. But it hits the skids when they think it's okay to let it go. And they have the means to repay.

Just blah.

14 replies

= new reply since forum marked as read

Highlight:

Learning the hard way [View all] Marthe48 Sep 2022 OP

... SheltieLover Sep 2022 #1

Anytime I lend family money tazkcmo Sep 2022 #2

+1 same here. Give and don't expect it back. You will never get hurt and you will learn not mitch96 Sep 2022 #13

It's hard not to be the family bank. SallyHemmings Sep 2022 #3

Dang it. I'm sorry. MontanaMama Sep 2022 #4

thanks... markie Sep 2022 #5

A close relative we loaned money to, CrispyQ Sep 2022 #6

That sounds terrible Marthe48 Sep 2022 #10

Collateral. multigraincracker Sep 2022 #7

They live far away Marthe48 Sep 2022 #9

Always my plan B multigraincracker Sep 2022 #11

That's a good idea Marthe48 Sep 2022 #12

I hate feeling like the bad guy because I asserted myself Marthe48 Sep 2022 #8

If it's a relative, expect that you ain't getting it back.And if it's a close relative, 3Hotdogs Sep 2022 #14