youthere
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Thu Jan-10-08 07:08 PM
Response to Original message |
16. If you want to keep the friendship |
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Edited on Thu Jan-10-08 07:10 PM by youthere
You say no to the loan, or you give it with the resolution it will not be paid back (it may, but don't bank on it). If you are not okay with the idea it might not be paid, back you cannot loan the money. In other words, if you make the loan then you and your wife, at least in your own minds have to be okay with writing off the money, and NEVER mention it again.
That is the ONLY way that you can sucessfully loan money to friends and family. Call it a loan if you need to, but in your own mind make peace with it being gone. If you can't bear or afford to do that, you MUST say no.
On edit: Looks like Jberryhill and I gave the same advice.
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