High risk, No return

Lending money to family or friends is the most risky financial decision, with no guarantee of return on (or even return of) principal.

Only lend out what you can afford to lose. If the amount is more than you can afford to lose, say No. It will cause temporary discomfort, but nothing compared to the anguish of funds lost forever and the feeling of being suckered.

– Osasu Oviawe

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