I'm considering lending money to a friend who needs it, but I'm not sure if it's a good idea. I want to know if it's generally wise to lend money to friends, or if it could potentially cause problems in the relationship.
6 answers
Sat Jan 11 2025
The consensus among the experts we consulted was clear.
Sat Jan 11 2025
They advised against lending money to others.
Sat Jan 11 2025
If one has spare funds and wishes to assist someone, it is recommended to give it as a gift.
Sat Jan 11 2025
This approach eliminates the concern of whether the borrower will repay the loan.
Fri Jan 10 2025
It also removes the stress of dealing with the repercussions of unpaid debts.