LEND CAUTIOUSLY (OR NOT AT ALL)
70% of family loans don’t get repaid. And most of the time, the money isn’t what stings it’s the resentment, silence, or strain it leaves behind.
ASK YOURSELF:
If this loan became a gift, would I be okay with that? If not, it may be smarter to say no or structure it formally. Put it in writing. Be direct. Don’t blur the lines.
THE HARD QUESTION:
Can your relationship survive if the money doesn’t come back?
Godfrey, N. (2025, June 7). A financial expert’s tips for lending money to family and friends. Kiplinger. Retrieved from https://www.kiplinger.com/personal- finance/loans/tips-for-lending-money-to-family-and-friends?utm _ source=chatgpt.com
THE FAMILY FINANCIAL TALK | 6
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