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I will only ever lend money to friends again if they can tell me exactly when they’ll pay me back (it can also happen in installments). And if they can’t pay me back on time, I expect them to tell me in advance and give me a new deadline. If they still can’t pay me back, I expect a very good explanation; else I’m done with them.
But I’m not sure it’s worth the risk, so maybe I just shouldn’t do it and should help them in other ways instead.
There’s a reason credit scores exist.
202 sats \ 2 replies \ @optimism 22h
One of my more well off friends gets asked for money rather often by people and her expectation management question is: "be honest: is this a loan or a donation?"
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100 sats \ 1 reply \ @SpaceHodler 3h
And for that reason, if I become wealthy, I won't tell anyone and I'll try not to show it. The latter may be harder. I'm in r/FIRE, which despite all its ills, teaches that one thing well.
One of the most obvious signs (and greatest benefits) of wealth is retirement. The usual advice is to tell people you're a freelancer working from home, a portfolio manager or something like that.
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9 sats \ 0 replies \ @ek OP 3h
The usual advice is to tell people you're a freelancer working from home, a portfolio manager or something like that.
Does “people” include family?
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