I’m pretty sure that everyone in their lifetime has let family members and friends borrow money during tough times. I know that before you let someone borrow your money, you should determine if that amount is worth losing because in most cases you will never see that money again. I thought the higher the amount you lend out, the more likely you will see that money another day. After all, it’s easy to forget and I may have forgotten in the past too, that I borrowed a twenty and never paid back.
Well I was burned the other day and now have this attitude that you should never let people you trust borrow money if you can’t afford to lose it. I’m curious how much money have you let go?