Can Borrowing From Family Be Frugal? - Nerd Wallet Article Review - Ep #32

1 year ago
9

Have you ever borrowed from family? Find out what Nerd Wallet has to say about borrowing money from family in their article "Family Loans: How to Borrow From and Lend to Family." Do you think Jay agrees with the advice? Find out in Episode 32 of the HopeFilled Financial Podcast!

Article Reviewed: "Family Loans: How to Borrow From and Lend to Family" from Nerd Wallet: https://www.nerdwallet.com/article/loans/personal-loans/family-loans

In the story today, Jay shares how he wrote up a contract when his brother wanted a ride to school in the morning and kept making him late! Have you ever had to have firm boundaries with family? Let us know in the comments.

The budget tip of the day is to write in your calendar when you are going to have your budget meeting so you don't put it off or miss it.

The listener question wants to know the difference between healthy and unhealthy enabling. Have you ever wondered how much help is too much help?

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Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

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Music: "Take Me Higher" by Jahzzar

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