Saying no isn’t easy, but it’s better than making the mistake of lending money to friends or family members! These tips on how to say no when someone asks to borrow money will help you kindly, firmly, and gently decline their request.
In my article about lending money to a boyfriend, a reader asked for a sample contract for a family loan. Whether you’re lending money to a boyfriend or a family member, you need to get the details of the financial agreement in writing. Here’s what my… Read More »Sample Contract for a Family Loan – Easy Yet Legal
Are you caught between a stepson borrowing money and a wife enabling him? These tips are inspired by a reader who lent his stepson money and can’t seem to get it back… “Help! I have a stepson who is 34 years old,” says Gerry on… Read More »When Your Stepson Won’t Repay the Money He Borrowed
These signs will help you know if it’s smart to loan money to someone you’re close to – a friend, partner, family member, or coworker. I wrote this because a reader said… “People who do not lend money to friends are selfish, period,” says E.… Read More »How to Know When Not to Loan Money to Someone
Sometimes paying off the mortgage early is a good idea, and sometimes your money is better spent elsewhere! Here are six questions to ask before committing yourself to being mortgage-free within the next couple of years …. “With consumer revolving debt balances declining nationwide and… Read More »Is Paying Off the Mortgage Early A Good Idea? It Depends
These tips for setting financial goals will help you get rid of debt and organize your future finances. It’s time to get on the right track, isn’t it? “When a goal matters enough to a person, that person will find a way to accomplish what… Read More »How to Set Financial Goals That You’ll Achieve
There’s a big difference between knowing about money saving tips, and actually turning them into good financial habits! These six ways to make money saving tips stick can help you achieve your financial goals … Before the tips, a quip: “Habit is habit, and not to be… Read More »6 Ways to Make Money Saving Tips Stick
If you’re debt free thanks to good financial planning (such as debt consolidation), you may now wonder how to repair your credit report. These tips for repairing a bad credit rating are based on a question from a reader who worked with a credit counseling service… Read More »How to Repair a Bad Credit Rating After Paying Credit Card Debt