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.
“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?
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.”