@daveramsey: A loan between family members, or even friends, isn’t help—it’s a trap for both parties. Whenever you loan money to a friend or family member, you’ve become their creditor. You’re now a lender, and they’re a borrower. Family dinners and get-togethers are different when you’re sitting down to eat with your creditors instead of just friends or family. If you want to give money to friends or family (and you can afford it), just give them the money. But make sure it's a gift with no strings attached, not a loan. #familyadvice #loans #borrowmoney #debt #debtfreetips
Dave Ramsey
Region: US
Friday 05 May 2023 16:19:14 GMT
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thckpotatoskin :
Worst feeling ever is knowing i owe someone something
2023-05-05 16:44:39
5084
user6756025470026 :
100% loaned a friend $300 for Xmas presents for her kids a few years ago. not repaid. no longer talk.
2023-05-05 17:43:31
926
Herbert Bistek Tan :
Worst feeling is seeing their lavish lifestyle knowing they have unpaid loan to you 😏😏😏
2023-05-07 20:09:53
868
voices in my head :
I loaned a friend $300 and made him sign an IOU. had to threaten court before he repaid. no longer friends over 300 bucks.
2023-05-08 20:04:27
116
Justhereforthevideos :
When u loan someone money just consider it a gift that u will never get back
2023-05-26 21:34:41
41
Rocky & The Journeys Of Darla :
I never ever loan money to family or friends… It’s always a gift…
2023-05-05 16:38:19
552
khmanaseer :
I lended a friend who was way older than me some money back in the days wn he needed, now he owns a small business, never forgot what I did
2023-05-05 19:03:12
175
faliciamclaughlin :
a woman came to our home took my parents for 52,000 by telling docs and banks she was their daughter. my parents had dementia.
2023-05-05 16:28:40
57
M :
I lend money to my friends.
I always treat them with respect and make them feel comfortable
2023-05-05 16:55:36
30
L :
I lost a friend who wevwere friends from 11 to 40...because I loaned her money...it wasn't not paying back, it was her attitude to me asking for it.
2023-05-11 06:13:06
10
Marcos :
The one thing Dave has been right about lately. Don’t loan money to family/friends. You’re better off gifting it. 👀💵
2023-05-05 20:47:25
14
Equalizer😎 :
I understand, but never lend what you're not willing to lose😟
2023-05-09 11:11:09
137
Maotaspao :
Not if the borrower disappears.😂
2023-05-05 19:34:22
12
postmenopauselife :
So agree especially family loans cause all kind of stress and unhappiness
2023-05-23 19:29:11
8
Giovanna Maggi :
I’m not THAT good of a friend 😂 they don’t even ask anymore cause I always say: sorry I don’t have any, I would if I could! they’re still my friends
2023-05-05 18:19:06
63
Terje Tuttle :
I know someone who gave out 30 grand
2023-05-23 19:37:45
7
Shell :
we cosigned on our nephews truck loan. big mistake. never again
2023-05-23 18:02:46
6
HanseNicoFinance :
German saying: bei Geld hört die Freundschaft auf. (frindship ends when it comes to Money).
2023-05-05 20:12:21
47
Melly :
I don't do loans only gifts. But when you see them turn around and continue being irresponsible it's hard to ignore. Money ruins relationships.
2023-05-06 02:02:06
34
spacemanbree :
It’s weird how seemingly the nicest people can’t bring themselves to pay back a loan. I’ve given a few bucks here & there, never once gotten it back
2023-05-21 17:47:53
8
Arev_z34 :
I don’t know how people can actually not pay people back. If I ever borrow money I’d pay asap. I no longer lend or borrow.
2023-05-29 23:16:01
74
Harry Poly :
If you lend money consider it lost if this will bother you then don’t lend it
2023-05-09 18:21:41
12
ELBORRACHO423 :
idk, iv loaned my homie money. he paid me back. hes loaned me money, iv paid him back. just depends if you really trust the person.
2023-05-09 05:58:06
58
shellyshamsul306 :
I know someone very closely borrowed for gambling nearly 50K from friends and family. He has no rumors not paying back. Very uncomfortable situation.
2023-05-16 12:01:54
6
Mhmd Barghouthi :
I never loan money to friends/family, if i give you something it’s a gift, if i can’t gift it to you, then i can’t afford loaning it
2023-05-29 11:44:45
7
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