http://wealthpilgrim.com/loans-to-family-lead-to-stress-unless-you-do-this/ WealthPilgrim.com -No Money Worries. No Matter What. Wed, 30 May 2012 00:03:08 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://wealthpilgrim.com/loans-to-family-lead-to-stress-unless-you-do-this/#comment-70 Dean Fri, 06 Mar 2009 15:37:36 +0000 http://wealthpilgrim.com/?p=397#comment-70 Hey, me again. I have loaned money numerous times to my son-in-law. Same experience, he acts like it was a gift; we even put it in writing once, which made no difference at all. He knew I wouldn't take my daughter and grandkids down by doing anything. He still tries, but not much anymore and whenever it comes up, I just remind him of his track record. I think he now knows better (so do I). Hey, me again. I have loaned money numerous times to my son-in-law. Same experience, he acts like it was a gift; we even put it in writing once, which made no difference at all. He knew I wouldn’t take my daughter and grandkids down by doing anything. He still tries, but not much anymore and whenever it comes up, I just remind him of his track record. I think he now knows better (so do I).

]]> http://wealthpilgrim.com/loans-to-family-lead-to-stress-unless-you-do-this/#comment-56 Neal Sun, 01 Mar 2009 06:27:33 +0000 http://wealthpilgrim.com/?p=397#comment-56 I completely agree. Thanks! I completely agree. Thanks!

]]> http://wealthpilgrim.com/loans-to-family-lead-to-stress-unless-you-do-this/#comment-53 Rene Sat, 28 Feb 2009 20:45:14 +0000 http://wealthpilgrim.com/?p=397#comment-53 I follow this one train of thought when it comes to loaning money to anyone....don't EVER loan money that you really need paid back...consider it a gift to that person and IF you get paid back.....nice! If you NEED the money....you should not be loaning it out! I follow this one train of thought when it comes to loaning money to anyone….don’t EVER loan money that you really need paid back…consider it a gift to that person and IF you get paid back…..nice! If you NEED the money….you should not be loaning it out!

]]> http://wealthpilgrim.com/loans-to-family-lead-to-stress-unless-you-do-this/#comment-52 Neal Sat, 28 Feb 2009 19:02:45 +0000 http://wealthpilgrim.com/?p=397#comment-52 Thanks Diana. Well said... Thanks Diana. Well said…

]]> http://wealthpilgrim.com/loans-to-family-lead-to-stress-unless-you-do-this/#comment-50 Diana Sat, 28 Feb 2009 00:37:15 +0000 http://wealthpilgrim.com/?p=397#comment-50 You're absolutely right! Especially lending or "helping out" your kids. Comes a time you must force them to stand on their own feet, not your wallet. If you don't, it will never end. Take it from one who knows! You’re absolutely right! Especially lending or “helping out” your kids. Comes a time you must force them to stand on their own feet, not your wallet. If you don’t, it will never end. Take it from one who knows!

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