{"id":8799,"date":"2023-08-06T02:39:11","date_gmt":"2023-08-06T02:39:11","guid":{"rendered":"https:\/\/isafespend.com\/budgeting\/51-reasons-i-wont-lend-money-to-friends-and-family\/"},"modified":"2023-08-06T02:39:11","modified_gmt":"2023-08-06T02:39:11","slug":"51-reasons-i-wont-lend-money-to-friends-and-family","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=8799","title":{"rendered":"51 Reasons I Won\u2019t Lend Money to Friends and Family"},"content":{"rendered":"

\"don't\u201cShould I lend money to a friend?\u201d is a question that comes up on this site from time to time. A lot of people say it\u2019s a bad idea in almost all cases, while others say they will lend without the expectations of getting the money back. While I\u2019m generally adverse to lending to friends and family, I have done it on a number of occasions. Even though a lot of people would be against this, I feel that if I can help my friends, then I should. I have lent as much as $10,000 to a friend and have lent money in smaller amounts to a number of different friends for a variety of reasons. Although I have heard the horror stories and bad experiences of lending money to friends and family, I\u2019ve never experienced this. Every friend I have lent money to has paid me back. Even if this weren\u2019t the case, I would still continue to do it.<\/p>\n

There is one important caveat to my lending. Just because I have lent money to friends doesn\u2019t mean that I lend money to anyone who asks. In fact, I have had to turn down far more people who have asked me for money than I have given out loans to. Although I don\u2019t have a specific checklist of what\u2019s required for me to loan a friend money, there are a number of reasons that will immediately disqualify a friend from me even considering giving them a loan. Below are some of the reasons why I won\u2019t lend money to friends.<\/p>\n

You Have Enough Money for Bad Habits<\/h2>\n

If you have enough money to buy a pack of cigarettes a day, drink heavily or buy drugs, but say to me that you need a loan, you aren\u2019t going to get one from me. Yes, it\u2019s difficult to stop these habits, but there is a good chance that one of the reasons that you need the loan in the first place is, to some degree, because of them. I loan money to friends to help them out in difficult times, not to help them perpetuate their bad habits.<\/p>\n

Some Work is Beneath You<\/h2>\n

If the reason that you need the loan is because you\u2019re out of work, but you have turned down work opportunities because they weren\u2019t right for you or below your perceived level, I\u2019m not going to give you a loan. Hard times require difficult choices and sometimes it\u2019s necessary to take any work available, not just the work you feel is at your level.<\/p>\n

You Haven\u2019t Solved the Problem That Requires the Loan<\/h2>\n

There is a reason that you need the loan. If you haven\u2019t put in place something to address and take care of the issue which has caused you to need the loan in the first place, then any loan I would give would end up being worthless since the same problem would continue to plague your finances. You need to show me you understand what happened to get you in the current situation, and how you have put in place a system so it won\u2019t happen again.<\/p>\n

You Have an Excuse for Everything<\/h2>\n

I\u2019m not a big on listening to those that have an excuse for anything and everything. If you tell me that the entire reason that you need a loan is everybody\u2019s fault except you\u2019re own, I\u2019m not likely to lend you anything. It\u2019s important to take the responsibility so that I know there won\u2019t be even more excuses when it comes to paying me back.<\/p>\n

You Won\u2019t Sign a Promissory Note<\/h2>\n

Anyone who I lend money to, I ask them for a promissory note. If you hesitate or give excuses as to why you won\u2019t \/ don\u2019t want to sign the promissory note, then I will refuse to lend you money. If you are willing to ask for something and say that you will pay it back, you should also be willing to make it official. Any excuses as to why you aren\u2019t willing to do so simply show me that you aren\u2019t sincere when you say that you will pay it back.<\/p>\n

You Don\u2019t Tell Me When I Will Get My Money Back<\/h2>\n

If you want some money from me, I expect to have a timeline when that money will be paid back to me. If you simply say \u201cwhen I can\u201d or \u201cwhen things get better\u201d you will have to find someone else. I expect that you have thought things through enough that you know approximately how you will pay me back and how long that will take. If you haven\u2019t thought this through to this degree, then I\u2019m not the lender for you.<\/p>\n

You Refuse to Consider a Second Job<\/h2>\n

I know that most people don\u2019t want to do a second job. For most of us, one job leaves you pretty exhausted by the end of the week, so a second job can be quite a sacrifice. But there are times when making a sacrifice is what needs to be done. If you want to borrow money from me, but at the same time aren\u2019t willing to take on more work than your primary job to pay me back, then I won\u2019t be inclined to make a loan to you.<\/p>\n

Your Car is Better than Mine<\/h2>\n

This isn\u2019t literal because I drive a pretty simple car that is probably not as good as most people\u2019s cars out there, but it is a general guideline that I follow. If your car is significantly better than mine, and especially if it\u2019s much more than you need for your basic transportation, I won\u2019t be giving you a loan since I know you can trade in the car to get the money you want to get from me.<\/p>\n

You Have More Than Two Cars in Your Household<\/h2>\n

Along the same lines, if you have more cars in your household than you need, I don\u2019t see why you would need a loan from me when you could simply sell one of the cars for the money. Yes, this might mean that junior won\u2019t have his own car, but the reason I would give the loan isn\u2019t so he could continue to have his own car.<\/p>\n

You Can\u2019t Explain How You Plan to Pay Me Back<\/h2>\n

If you don\u2019t have a plan in place where you can explain how you will pay me back, then you won\u2019t be seeing any cash from my wallet. While I don\u2019t necessarily expect that there will be a detailed plan, I do expect the basics of that plan to be in place when you ask. If you have the attitude that \u201cwe\u2019ll take care of that later\u201d then I don\u2019t believe you have put in enough thought about how you\u2019ll pay me back.<\/p>\n

You Owe Money to Other Friends<\/h2>\n

If I know that you owe sums to others in our group of friends, there is little chance that I will end up extending you a loan. If you have borrowed from others, but haven\u2019t paid them back when you come to me for funds, how can I expect that I will ever get paid back. The way that you have handled money in the past is something that I take into consideration before I give any loan.<\/p>\n

You Want It for a Want, Not a Need<\/h2>\n

I have found over the years that what people believe is a need and what is actually a need are two completely different things. I\u2019m more than happy to lend money to people who have a legitimate reason for needing a loan, and that loan is going to go toward a need: food, shelter, basic clothing, etc. If the request is being made because you can\u2019t pay for your cell phone bill, you need to go on a weekend getaway to escape all the stress in your life, or you feel it\u2019s time for another car even though the one you have still runs fine, you won\u2019t be getting the loan from me.<\/p>\n

You Think It\u2019s OK Because I Have Money<\/h2>\n

If you have the attitude that you feel that I should lend to you because you don\u2019t have money and I do, you aren\u2019t going to get a loan from me. The reason that I do have money is because I have been financially responsible and have spent less than I make. If you are in need of a loan, there\u2019s a good chance that the reason why is that you haven\u2019t been financially responsible. The attitude that you feel you\u2019re entitled to a loan just because I happen to have money proves to me that you still lack the financial responsibility for me to make you a loan.<\/p>\n

You Refuse to Consider Other Options<\/h2>\n

Having written about personal finance for a number of years, I\u2019m pretty good at finding out where leaks are in people\u2019s budgets. I\u2019m also pretty creative and can often come up with ways to do things differently (or for less money) that others may have never considered, but still solve the problem. You also have plenty of other options such as peer to peer lending or bank loans. If you ask me for a loan, but refuses to consider other legitimate ways to get what you need without it, then I\u2019m not the person to give one to you.<\/p>\n

You Won\u2019t Take Your Own Lunch to Work<\/h2>\n

This isn\u2019t so much about actually taking your lunch to work as an overall look at your willingness to cut expenses where ever you can. If you refuse to take your own lunch to work, and instead insist on buying it each day at a restaurant (I do realize that some companies provide meals for their workers at very good prices), it simply tells me that you aren\u2019t taking reducing your expenses seriously. Due to this, I wouldn\u2019t be the one to give you a loan.<\/p>\n

You Continue to Buy Your Morning Cup of Coffee<\/h2>\n

Much like the taking your own lunch to work, if you feel you need a loan, but at the same time think it\u2019s OK to buy your morning coffee on the way to work, you haven\u2019t made enough effort in my eyes to justify giving you a loan. Even if you claim this is your only splurge (which I have heard before), your willingness to ask me for a large amount of money while not having the willingness to stop your morning coffee purchase tells me that I\u2019m not the one to help you out.<\/p>\n

You\u2019re Unwilling to Sell What You Have<\/h2>\n

If you have a lot of valuable items lying around the house that really aren\u2019t necessary, but you refuse to sell any of them for whatever reason, then I\u2019m probably not the one you should be asking for money. Most people have far more than they really need, and if selling the stuff you already have is off the table to get the funds you need, then I assume you aren\u2019t serious enough to be asking for a loan from me.<\/p>\n

You Blame Your Financial Situation on Others<\/h2>\n

I realize that some financial situations are out of people\u2019s control (that\u2019s why there\u2019s insurance), but if the reason that you need a loan is because of some life choices you have made, then own up to the choice, explain to me how you\u2019ve learned from the lesson, and explain to me how it won\u2019t happen again. If you insist that the issue that caused your current financial situation is always somebody else\u2019s fault and you have no responsibility for the situation, you better be able to convince me of that or I won\u2019t be lending any money to you.<\/p>\n

You Lack a Plan<\/h2>\n

I expect that if you ask me to help you out financially, you have a plan in place on how the entire loan and repayment is going to work. If you come calling without this plan, then you aren\u2019t someone I would feel comfortable lending to since it doesn\u2019t seem that you have thought things through thoroughly enough for my ease of mind.<\/p>\n

You Haven\u2019t Made Any Sacrifices<\/h2>\n

If you come asking, but at the same time refuse to make any sacrifices to your current spending or lifestyle, that sends up a big red flag for me. While it\u2019s never easy to change one\u2019s lifestyle, refusing to do so in the face of lack of funds is a sure sign that there is more trouble to come down the road.<\/p>\n

You Continue to Live above Your Means<\/h2>\n

Personal finance is pretty easy once you learn that in order to save money, you need to live within your means. If you still haven\u2019t figured this out when asking me to help, then I can assume that whatever amount I loan will never make it back to me. You need to be spending less than you make for me to consider your proposition.<\/p>\n

You Have Poor Priorities<\/h2>\n

When you explain about how the money will be used, and in the way in which it will be paid back to me, the priority in which it will be paid back is important. If your priorities are to make others whole or spending it on some of your wants before paying me back, these poor priorities will likely result in you not getting a loan.<\/p>\n

Material Things Continue to Matter to You<\/h2>\n

While asking for a loan, if you still feel it\u2019s important to continue to purchase new stuff before you\u2019ve fully paid off the loan you received from me, you won\u2019t be getting one for me. I assume that if I decide to give you a loan, paying it back will trump the other materialistic urges you may have. If it doesn\u2019t, then I\u2019m not the person to help you out.<\/p>\n

You Don\u2019t Understand Value<\/h2>\n

This one can be a difficult one for many, but I feel it\u2019s extremely important. If you approach the current financial crisis by cutting back on everything, and only buying the cheapest things available, you likely don\u2019t have a good sense of value. While buying things that are cheap may save you some money in the short-term, it will likely cost you much more in the long-term. Understanding value, and getting value out of the things that you purchase, is an important way to get your finances back on track which will allow you to pay me back.<\/p>\n

You Insist on Designer<\/h2>\n

If you continue to insist on purchasing designer brands while also needing to borrow money, that will be a red flag that you won\u2019t be getting the loan from me. If you have a lot of designer merchandise, it might be a good idea to look into liquidating these for the money you need rather than asking me to help out.<\/p>\n

You Still Play the Lottery<\/h2>\n

The odds of winning the lottery are minuscule at best, so if you continue to play the lottery because \u201cthere\u2019s a chance I could win big\u201d and \u201cyou can\u2019t win if you don\u2019t play,\u201d I have little faith that you understand the basic fundamentals of money management. When you have money troubles, playing the lottery is like throwing money away. That\u2019s not the type of person I want to lend money to.<\/p>\n

Your Kids Get Everything They Want<\/h2>\n

Some parents just can\u2019t say no to their kids no matter what the current financial situation. Part of being financially responsible is being able to say no to unnecessary purchases no matter who in the family is making them. Hiding the kids from the reality of the current financial situation by continuing to give them any indulgence they want is not going to benefit you or them.<\/p>\n

You Are Lending to Others<\/h2>\n

If part of the reason you need to borrow money from me is because you are lending money to other people, then I\u2019m not likely to help you out. If you don\u2019t have the money yourself, you shouldn\u2019t be lending to others in the first place, and if I am going to give a loan, it would be for you, not for someone else that you\u2019re passing it onto. If I wanted to give them a loan, I would give it directly to them.<\/p>\n

You Continue to Eat Out<\/h2>\n

This might not seem like a big deal, but it\u2019s another indication that you aren\u2019t making some of the most basic efforts that most people make when they get into a bit of financial trouble. If you feel it\u2019s OK to continue to eat out on a regular basis instead of making your own meals at home, I feel it\u2019s OK to not help you out on your request for a loan.<\/p>\n

Everything is Disorganized<\/h2>\n

I\u2019m not necessarily talking about your house here, but everything in your life. If it seems that you are running around like a chicken with its head cut off with never enough time to do all the things you have to do each day, I will make the assumption that any money that goes to you will end up disappearing into the frantic disorder. Often times money issues aren\u2019t about money and other aspects of life need to be addressed before the financial issues can be solved. Being disorganized is one of them.<\/p>\n

You Can\u2019t Make Difficult Decisions<\/h2>\n

Part of money management is having to make difficult decisions from time to time. If you have all the good intentions in the world, but when it comes down to it you can\u2019t make the difficult decisions to get your finances back in order, you aren\u2019t going to be able to make those same difficult decisions in order to pay me back.<\/p>\n

Your Spouse Isn\u2019t on the Repayment Plan<\/h2>\n

If you\u2019re married or have a significant other, they also need to be completely on the financial plan you present to me. If you\u2019re the only one who is committed, chances are it\u2019s not going to work out well. All parties involved need to sign on to make finances work, and if one isn\u2019t on board, that\u2019s a good indication that the best laid plans will end up getting sabotaged in the long run.<\/p>\n

You Throw Parties<\/h2>\n

I understand that getting out with friends is important, but if you feel that it\u2019s necessary to entertain (while paying for everything) while asking for a loan, that tells me that you really aren\u2019t serious about getting your finances in order. If, on the other hand, your entertainment consists of a potluck where everyone contributes, then I would have a much more favorable view that you are making the compromises to get things back in order.<\/p>\n

You Find It Easy to Ask<\/h2>\n

Asking for a loan shouldn\u2019t be easy. It\u2019s something that you should have thought about long and hard, while exhausting all the other opportunities that might be available to you. By asking, you must realize that you have placed me in a spot where I now need to make a difficult decision. While I\u2019m more than happy to make it, if you find it easy to ask without giving it much thought, that indicates that you haven\u2019t thought through all aspects that you need to for me to give it to you.<\/p>\n

You\u2019re Still Planning to Take Your Yearly Vacation<\/h2>\n

There have been a number of years when I have opted for staycations rather than vacations when money was tight, so if you\u2019re still planning to take yours while asking me to help you out, that\u2019s not going to fly. If I decide to help, that help isn\u2019t so you can go on a family vacation, but to get you through difficult times. Cancel your vacation and use the money saved instead of trying to hit me up.<\/p>\n

You Consider Me Your Emergency Fund<\/h2>\n

If every time there is some monetary crisis in your life you turn to me for help, I\u2019ll stop lending to you, even if you have paid me back in the past. There is a reason that you should build an emergency fund, and that is to deal with the unexpected money emergencies that arise. You need to build your own emergency fund, not rely on me to be it.<\/p>\n

It\u2019s for a Money Making Scheme<\/h2>\n

When I lend money, I\u2019m lending to help you out of current financial trouble, not financing some scheme where you think you\u2019re going to make a lot of money. If you need money to finance some money-making opportunity that you have heard about, you\u2019re going to have to find another source than me to get your project off the ground.<\/p>\n

You Act as if It\u2019s No Big Deal<\/h2>\n

It might not be a big deal to you, but it certainly is to me. I\u2019m not looking to make an overproduction of the request, but I\u2019ve worked hard for my money and so I don\u2019t lend it without giving it any thought or consideration. Any request that makes it appear that it\u2019s not a big deal isn\u2019t likely to get funded by me.<\/p>\n

You Expect It<\/h2>\n

If I feel that you expect me to make the loan because we are friends or family, and only because of that reason, I\u2019m not likely to help you out. Our friendship and money are two separate things. If you expect me to help you out and our friendship will suffer if I don\u2019t, then I have greatly misjudged our friendship in the first place. Just because we are friends doesn\u2019t mean that I will automatically give you money.<\/p>\n

I\u2019m Your First Choice<\/h2>\n

If you come to me as your first choice in trying to solve a money issue that you have, then that\u2019s a good sign that you still don\u2019t have the financial responsibility needed for me to give you a loan. I should be far down on your list, and you should have tried numerous other ways to get the money you need before you come to me.<\/p>\n

Your Story Doesn\u2019t Make Sense<\/h2>\n

When you come to me, the reason that you need the money has to make sense to me. This might sound like something that is obvious, but there have been a number of times that people have asked me for money that made absolutely no sense. Either what they thought was a necessity wasn\u2019t, or the story of why they needed it just didn\u2019t add up. If I\u2019m going to help out a friend, what I\u2019m helping with has to make sense to me.<\/p>\n

You\u2019re Trying to Avoid Consequences<\/h2>\n

Decisions have consequences. This is an important money lesson that everyone needs to learn and understand. If you\u2019re seeking money to avoid the consequences of a poor decision that you made, I\u2019m probably not the person that will be willing to help you out. Sometimes it\u2019s better that you suffer the consequences even though they\u2019re going to be hard so that you don\u2019t make the same financial mistake again.<\/p>\n

This is the Only Time I Ever Hear from You<\/h2>\n

I have good friends that I don\u2019t see often. That doesn\u2019t mean that I don\u2019t care for them, just that our schedules make it difficult to meet often. If the only time you seem to be able to make contact with me is when you need to ask me for money, that\u2019s a sure sign that you aren\u2019t going to get any from me.<\/p>\n

You Lie to Me<\/h2>\n

I assume that when you explain why you need to borrow some money, the reason that you give me is the truth. If I find out that what you told me isn\u2019t accurate, or that you happened to leave out some important information at a later point, that will be enough that I wouldn\u2019t feel comfortable lending you the money.<\/p>\n

You Don\u2019t Take Things Seriously<\/h2>\n

While I don\u2019t expect that asking me will be as somber as a funeral, I also don\u2019t expect it to be all fun and games. There is a happy medium there, and if you\u2019re tilted to the fun and game sides when asking, I\u2019m probably going to pass on helping you out.<\/p>\n

You View Me as a Bank<\/h2>\n

Just because I have money doesn\u2019t mean that I\u2019m a bank, especially one where my money is your account. That should be obvious to you because the only reason you should be coming to me with the request is because you couldn\u2019t get a loan from a bank. If you view me as a convenient way to get money when you need it, I\u2019m not the right person to ask.<\/p>\n

You Want an Immediate Answer<\/h2>\n

When I\u2019m asked to help a friend or family member, I usually need to take some time to think about it before I can give an answer. If you demand an immediate answer to your request, then the answer will be an easy no.<\/p>\n

You Have Failed to Payback Small Loans<\/h2>\n

When I go out with friends, there are times when someone ends up being short for whatever reason and may ask if they can borrow a few dollars. I\u2019m more than happy to help out on these occasions, but if I have done this and the friend has never made the attempt to pay me back later, I\u2019m not likely to help them out when they come asking for even more money. Your history matters.<\/p>\n

You Complain about all the Sacrifices You Have to Make<\/h2>\n

While I want to see that you are making sacrifices to get your finances in order, I don\u2019t want to hear constant complaining about all those sacrifices that you need to make. I understand they are difficult because I have had to make them over the years, but that doesn\u2019t mean that you should constantly complain about them. Making sacrifices is part of money management, complaining about them isn\u2019t.<\/p>\n

You Continue Extra Curricular Activities<\/h2>\n

If you still feel it\u2019s OK to play a $100 round of golf each weekend instead of figuring out a way to earn a bit of extra money in your spare time, I\u2019m not the one that will help you out. I know that it\u2019s important to relax and escape every once in a while, but that can be done without spending much money doing it. If your extra curricular activities are expensive and you feel that they\u2019re necessary to continue them while asking me to lend you money, I will likely pass.<\/p>\n

You Spend $200 for Jeans or a Haircut<\/h2>\n

I understand that not everyone is willing to buy their jeans at Costco and cut their own hair like I do. That being said, if you insist you need $200 jeans or a $200 haircut while also asking me to lend you some money, that would be enough for me to decline the request. You don\u2019t have to live exactly like me, but if your spending isn\u2019t even in the same realm, I won\u2019t feel comfortable doing it.<\/p>\n

You Have Better Alternatives<\/h2>\n

You also have plenty of options in borrowing money. For example, you can get money from another friend or family member. Alternatively you can get the money from a bank or a peer to peer lending outfit.\u00a0 You don\u2019t necessarily need to get the money from me.\u00a0<\/p>\n

These are just a few of the things that came off the top of my head when asked who I wouldn\u2019t be willing to give a loan to. If I spent more time, I\u2019m sure I could make this list even more extensive. Are they harsh? Some may think so, but since I have had to make sacrifices and tough decisions to save the money that I do have, I\u2019m not willing to let someone else avoid those if they want to get a loan from me.<\/p>\n

In the end, my list is my list and there may be things on it that you don\u2019t feel are important or aren\u2019t a concern to you. On the other hand, there are probably things that don\u2019t concern me that would be a big concern to you and would disqualify someone asking to borrow from you. The main thing is that if you are in a position to lend others money, you have some basic parameters of who you will and won\u2019t lend money to with which you feel comfortable.<\/p>\n

In the end, I never expect repayment. I put in place what I feel are basic fundamentals that give me the best chance of being repaid, but if it didn\u2019t happen, I wouldn\u2019t pursue it. If I get repaid, I count it as a pleasant surprise. Because of this, I never lend money if I can\u2019t afford to lose 100% of it. At the same time, I don\u2019t throw away my money needlessly since I have worked hard for it.<\/p>\n

Give the gift of savings! Learn more<\/span><\/p>\n

(Photo courtesy of David Neubert)<\/p>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cShould I lend money to a friend?\u201d is a question that comes up on this site from time to time. A lot of people say it\u2019s a bad idea in almost all cases, while others say they will lend without the expectations of getting the money back. While I\u2019m generally adverse to lending to friends<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[32],"class_list":{"0":"post-8799","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-budgeting","7":"tag-featured"},"yoast_head":"\n51 Reasons I Won\u2019t Lend Money to Friends and Family | iSafeSpend<\/title>\n<meta name=\"description\" content=\"\u201cShould I lend money to a friend?\u201d is a question that comes up on this site from time to time. A lot of people say it\u2019s a bad idea in almost all cases,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/isafespend.com\/?p=8799\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"51 Reasons I Won\u2019t Lend Money to Friends and Family | iSafeSpend\" \/>\n<meta property=\"og:description\" content=\"\u201cShould I lend money to a friend?\u201d is a question that comes up on this site from time to time. A lot of people say it\u2019s a bad idea in almost all cases,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/isafespend.com\/?p=8799\" \/>\n<meta property=\"og:site_name\" content=\"iSafeSpend\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-06T02:39:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/feat-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"25 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/isafespend.com\/?p=8799#article\",\"isPartOf\":{\"@id\":\"https:\/\/isafespend.com\/?p=8799\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf\"},\"headline\":\"51 Reasons I Won\u2019t Lend Money to Friends and Family\",\"datePublished\":\"2023-08-06T02:39:11+00:00\",\"dateModified\":\"2023-08-06T02:39:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/isafespend.com\/?p=8799\"},\"wordCount\":5019,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/isafespend.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Budgeting\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/isafespend.com\/?p=8799#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/isafespend.com\/?p=8799\",\"url\":\"https:\/\/isafespend.com\/?p=8799\",\"name\":\"51 Reasons I Won\u2019t Lend Money to Friends and Family | iSafeSpend\",\"isPartOf\":{\"@id\":\"https:\/\/isafespend.com\/#website\"},\"datePublished\":\"2023-08-06T02:39:11+00:00\",\"dateModified\":\"2023-08-06T02:39:11+00:00\",\"description\":\"\u201cShould I lend money to a friend?\u201d is a question that comes up on this site from time to time. A lot of people say it\u2019s a bad idea in almost all cases,\",\"breadcrumb\":{\"@id\":\"https:\/\/isafespend.com\/?p=8799#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/isafespend.com\/?p=8799\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/isafespend.com\/?p=8799#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/isafespend.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"51 Reasons I Won\u2019t Lend Money to Friends and Family\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/isafespend.com\/#website\",\"url\":\"https:\/\/isafespend.com\/\",\"name\":\"Solutions For Real\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/isafespend.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/isafespend.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/isafespend.com\/#organization\",\"name\":\"Solutions For Real\",\"url\":\"https:\/\/isafespend.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"contentUrl\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png\",\"width\":690,\"height\":64,\"caption\":\"Solutions For Real\"},\"image\":{\"@id\":\"https:\/\/isafespend.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/isafespend.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"contentUrl\":\"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/isafespend.com\"],\"url\":\"https:\/\/isafespend.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"51 Reasons I Won\u2019t Lend Money to Friends and Family | iSafeSpend","description":"\u201cShould I lend money to a friend?\u201d is a question that comes up on this site from time to time. A lot of people say it\u2019s a bad idea in almost all cases,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/isafespend.com\/?p=8799","og_locale":"en_US","og_type":"article","og_title":"51 Reasons I Won\u2019t Lend Money to Friends and Family | iSafeSpend","og_description":"\u201cShould I lend money to a friend?\u201d is a question that comes up on this site from time to time. A lot of people say it\u2019s a bad idea in almost all cases,","og_url":"https:\/\/isafespend.com\/?p=8799","og_site_name":"iSafeSpend","article_published_time":"2023-08-06T02:39:11+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/feat-scaled.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"25 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/isafespend.com\/?p=8799#article","isPartOf":{"@id":"https:\/\/isafespend.com\/?p=8799"},"author":{"name":"News Room","@id":"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf"},"headline":"51 Reasons I Won\u2019t Lend Money to Friends and Family","datePublished":"2023-08-06T02:39:11+00:00","dateModified":"2023-08-06T02:39:11+00:00","mainEntityOfPage":{"@id":"https:\/\/isafespend.com\/?p=8799"},"wordCount":5019,"commentCount":0,"publisher":{"@id":"https:\/\/isafespend.com\/#organization"},"keywords":["Featured"],"articleSection":["Budgeting"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/isafespend.com\/?p=8799#respond"]}]},{"@type":"WebPage","@id":"https:\/\/isafespend.com\/?p=8799","url":"https:\/\/isafespend.com\/?p=8799","name":"51 Reasons I Won\u2019t Lend Money to Friends and Family | iSafeSpend","isPartOf":{"@id":"https:\/\/isafespend.com\/#website"},"datePublished":"2023-08-06T02:39:11+00:00","dateModified":"2023-08-06T02:39:11+00:00","description":"\u201cShould I lend money to a friend?\u201d is a question that comes up on this site from time to time. A lot of people say it\u2019s a bad idea in almost all cases,","breadcrumb":{"@id":"https:\/\/isafespend.com\/?p=8799#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/isafespend.com\/?p=8799"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/isafespend.com\/?p=8799#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/isafespend.com\/"},{"@type":"ListItem","position":2,"name":"51 Reasons I Won\u2019t Lend Money to Friends and Family"}]},{"@type":"WebSite","@id":"https:\/\/isafespend.com\/#website","url":"https:\/\/isafespend.com\/","name":"Solutions For Real","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/isafespend.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/isafespend.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/isafespend.com\/#organization","name":"Solutions For Real","url":"https:\/\/isafespend.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/isafespend.com\/#\/schema\/logo\/image\/","url":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","contentUrl":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/sf-logo-1.png","width":690,"height":64,"caption":"Solutions For Real"},"image":{"@id":"https:\/\/isafespend.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/isafespend.com\/#\/schema\/person\/5b8c1c75336efaf09b163cd1eab0c9bf","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/isafespend.com\/#\/schema\/person\/image\/","url":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","contentUrl":"https:\/\/isafespend.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1691264579-96x96.png","caption":"News Room"},"sameAs":["https:\/\/isafespend.com"],"url":"https:\/\/isafespend.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/posts\/8799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8799"}],"version-history":[{"count":0,"href":"https:\/\/isafespend.com\/index.php?rest_route=\/wp\/v2\/posts\/8799\/revisions"}],"wp:attachment":[{"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/isafespend.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}