Not necessarily. That money that they want to "borrow" may be used to commit a crime or facilitate a bad habit like gambling or drugs or smoking.
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Not at all. If you want to gift them money, that's one thing. But loaning family and friends money is a recipe for disaster.
No, your money, your business. People aren't entitled to what you have simply because they are related to you.
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No, you're smart because they won't repay the money
I have 3 rules with loaning money
1. Trust who you let borrow from you
2. Take security until they repay the debt
3. Be willing to break legs when requiredI think so. I have family members who are like this. They feel the rest of the family isn't entitled to a share of their wealth
Of course not because such loans are never repaid.
Nope.
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