Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Risk involved borrowing your relatives money
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Yusra3, post: 322991, member: 31907"] Let's say your cousin, uncle, or aunt is opening a business. They ask you to lend them money. What do you do? Sometimes it's hard to know when it's a good idea to lend someone money and when it's not. But there are some things you should consider before you decide whether or not to lend your relative money. Here are two things to think about: 1) Is this person trustworthy? It may seem like an obvious question, but people have been known to make bad decisions even with the best intentions. So if they ask for help, they should be able to prove that they can pay back whatever they borrow and not just assume that they will be able to get everything together on time. 2) Does this person have experience managing a business? If not, then maybe it would be better for them just to find a job until they have more experience under their belt and can start their own venture. It also might be worth checking out other loan options before handing over any cash! [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Risk involved borrowing your relatives money
Top