A FRIEND IN FINANCIAL NEED
WHEN A FRIEND ASKS YOU FOR MONEY
It’s natural that we want to help the people we care about. When someone falls down, you help them up. When a loved one is heartbroken, you help them move on. But, when a friend is in financial trouble, things can feel more complex. Since helping people through these hardships is one of our specialties, we wanted to share some advice on how you can navigate this difficult situation. Don’t Judge Talking about money can feel awkward under the best of circumstances, so don’t make this harder than it has to be. Moralizing speeches and dismissive comments are the last thing your friend needs right now, and it certainly isn’t going to encourage them to open up. Listen to them, and keep an open mind. Remember, anyone could find themselves in a similar situation after a run of bad luck. Help Identify the Issue Monetary problems can come in many shapes and sizes, and they take different approaches to solve. Sometimes, simply working with your friend to come up with a budget and savings plan is all they need. Other times, such as when they are inundated by calls from debt collectors, they might require professional legal help. Regardless, the first step is understanding the nature and extent of their financial troubles, so you can find them the support they need.
The Loan Question Of course, you may feel the need to provide more direct assistance. When a close friend asks you for money, it can be hard to say no regardless of your ability to give it to them. On the other hand, you don’t want to end up in a dispute over a loan you gave them and risk a falling out. If you do have the means and decide to give your friend direct financial assistance, lay out the ground rules in writing — including what happens if they fail to pay you back. However, if this last consideration is to help pay off other debts, it may be time for your friend to consider declaring bankruptcy. This option can give them a fresh start without putting your own finances at risk. Have them give us a call at 215-883-8532 (in PA) or 609-796-9852 (in NJ).
SUDOKU
LEFTOVER CANDY SNACK MIX
This recipe from Momofuku Milk Bar chef and “Master Chef”
judge Christina Tosi makes great use of those extra Halloween goodies. It’s a quick and easy way to both elevate and get rid of unwanted leftovers.
INGREDIENTS •
2 lbs. trimmed leg of lamb, cut 2 cups mini pretzels, coarsely broken 1/4 cup light brown sugar 2 tbsp granulated sugar
• • •
1/3 cup dry milk powder
6 tbsp unsalted butter, melted 12 oz mini candy bars, such as Snickers, chopped into 1/2-inch pieces
• •
DIRECTIONS 1. Heat oven to 275 F.
2. In a large mixing bowl, fold together pretzels, sugars, milk powder, and butter. 3. Spread mixture on a baking sheet lined with parchment paper and bake for 20 minutes. 4. Let cool for at least 30 minutes and mix in candy bar pieces before serving.
Inspired by Food & Wine Magazine
www.YoungMarrLaw.com | 3
Published by The Newsletter Pro • www.NewsletterPro.com
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