""The No. 1 thing is to look at your own finances first,""
""If you don't have the money, don't give it.""
""Setting that expectation for yourself can help guard against any resentment or bitterness that could develop if things go sideways," Lombard said."
Lenders should evaluate their own financial capacity before lending money to friends. If repayment would threaten financial or mental health, do not lend. If the lender can absorb the loss, treat the money as a gift and establish that expectation to avoid resentment. Loaning money without informing close partners can create secrecy, resentment, and trust problems. Cultural or communal expectations about financial support warrant planning and budgeting, such as creating a dedicated giving fund. Clear boundaries, honest conversations with partners, and upfront expectations reduce relationship strain from interpersonal lending.
Read at HuffPost
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