Should I Lend $1,000 to My Friend?
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- Опубліковано 2 сер 2024
- Lending money to a friend can be a recipe for disaster. Here's how to proceed with some caution.
Source:
www.bankrate.com/finance/cred...
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Never give anything away you can’t afford to lose.
Never loan money to anyone, you’re not a bank.
Another option is to ask a friend to pawn you a possession of theirs of at least the value of the loan
NO!
Double edge sword... loan agreement... that's bad... this is bad...
Just say no, that's the fastest way to find out who your friends are.
Very helpful advice.
Looking forward to seeing more content exactly like this in future also. Keep up the good work.
I’ll just go with wrapping it up like a present lol
This is a really good video. My friend already owes me $1500 which I’ve given up on ever seeing again.
Now, he asked for another $1000😅 I know it’s because he’s made some bad financial decisions.
I think it’s only okay to lend a friend some money if they’re impacted by a natural disaster or if they get laid off early on in their career before they have time to build up savings.
No, not even in a life or death situations. Your friend got some nerves to ask you for more money when they already owe you
Reading about people grabbing multi-figures monthly as income in investments even in this crazy days in the market, any pointers on how to make substantial progress in earnings? Would be appreciated.... I'll be in the comments
True. What about DODGE? Surely that gets in there too for diversification haha
I like to leverage 600/400 since I am young i can take some calculated risk. But I have about 19% of my portfolio in uranium stocks and bitcoin any advice on any other cryptocurrency that I can grow my $390k capital to a million dollars ?
@@Dubanowski_Bogumil Just shove it into CRYPTO you will be wealthy in the long run
wanted to trade crypto but got confused by the fluctuations in price
@Jamie Erik I heard his strategies are really good...