this post was submitted on 15 Sep 2023
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Very true, but doubly so if it's family.
You have to approach loans to friends and family members as straight-up "gifts" without anticipating ever seeing the money again. If you do ger repaid consider yourself very lucky.
My wife and I "loaned" a dear friend of hers $2000 at the start of covid. He hasn't mentioned it since. But we went in knowing this was the likely outcome.