Difference between revisions of "Borrow Money from a Friend"

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Borrowing money from a friend seems like it should be easier, safer, and more flexible than trying to get a bank loan or some other less personal option.  However, adding money to a friendship can be a recipe for disaster if done hastily, without proper planning and consideration.  Before asking your buddy for a loan, consider whether this is your best option, treat the process with the care and precision it deserves, and do what it takes to keep both your cash flow and friendship in a happy place.
 
Borrowing money from a friend seems like it should be easier, safer, and more flexible than trying to get a bank loan or some other less personal option.  However, adding money to a friendship can be a recipe for disaster if done hastily, without proper planning and consideration.  Before asking your buddy for a loan, consider whether this is your best option, treat the process with the care and precision it deserves, and do what it takes to keep both your cash flow and friendship in a happy place.
[[Category:Managing Your Money]]
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[[Category: Managing Your Money]]
 
==Steps==
 
==Steps==
 
===Legitimizing the Transaction===
 
===Legitimizing the Transaction===