How can I ask for money backwithout embarrassing my friends or family?

Moneylending between friends andfamily can cause a lot of tensionand escalate quickly.

“You should always set up rules for paying back at the beginning,” she says.

Alexandra Engler

“Were you helping or enabling?”

“Was it for a medical need, like a life-saving treatment?

Was it a time of crisis, like helping a widow offset a mortgage?

What’s the Best Way to Ask for Money Back?

Or did it simply come from reckless behavior, like frivolous credit card spending?”

“That being said, coming from a place of understanding is always a best first tactic.”

From there, you’re free to gently talk through your challenges with the situation.

“It’s an accountability item.”