Comments on: Is it wise to lend or borrow money from friends and family? https://www.moneymagpie.com/manage-your-money/is-it-wise-to-lend-or-borrow-money-from-friends-and-family Make Money, Save Money and more Fri, 07 Jun 2024 12:59:47 +0000 hourly 1 https://wordpress.org/?v=6.4.4 By: Roland https://www.moneymagpie.com/manage-your-money/is-it-wise-to-lend-or-borrow-money-from-friends-and-family/comment-page-1#comment-1783143 Mon, 16 Oct 2023 22:02:48 +0000 https://www.moneymagpie.com/?post_type=manage_you_money&p=204916#comment-1783143 I lent over £5k to a ‘friend / my manager’ and he decided that I didn’t need the money back?! I had to take him to court and it took 5 years to get all of my money back. NEVER again. And… we had an agreement, but he decided not to stick to it!
Great article.

]]> By: John Andrews https://www.moneymagpie.com/manage-your-money/is-it-wise-to-lend-or-borrow-money-from-friends-and-family/comment-page-1#comment-1779910 Tue, 05 Sep 2023 13:51:58 +0000 https://www.moneymagpie.com/?post_type=manage_you_money&p=204916#comment-1779910 Never, ever lend money to a friend. It is the easiest way to destroy a friendship.

Give, yes but do not lend.

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