I Need To Borrow Money From A Friend Or Family Member, How Do I Do It?

Firstly, this is a very worrying thing to do, it usually causes problems within a friendship, because our friends and family are the people we most easily take advantage of and take for granted. That's a very bad thing, but it's true. So when you borrow money from a loved one, it is that person who becomes your lowest priority.

I would say always choose a family member to go to, this will prevent your friendships from getting damaged.

When you ask a family member, don't dress it up, don't butter them up, it doesn't feel genuine. Instead, just explain why and how much and most importantly how and when you plan to pay them back. This can sometimes be very difficult.

I would say that half the time, you should probably avoid borrowing money from anyone unless its absolutely necessary, as Polonius said in Hamlet (and my mother quite often), Neither a borrower nor a lender be.

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