Loans: 'Never expect a loan to a friend to be paid back if you want to keep that friend.'
About this quote
- What does it mean?
- Lending money can damage friendships.
- In plain terms
- Expect friends not to pay loans back if you want to keep them.
- What can you take from it?
- Avoid lending money to friends.
Where it applies
Putting it to work
Questions to consider
- Would you lend money to a friend?
- Is the loan worth the risk?
Another view
Some friends do repay loans without issue.
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