Comments on: Reader Question – Getting Your Money http://www.productivity501.com/reader-question-getting-your-money/448/ Pieces of the productivity puzzle. Fri, 19 Mar 2010 04:44:25 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Tabs http://www.productivity501.com/reader-question-getting-your-money/448/comment-page-1/#comment-33205 Tabs Mon, 21 Apr 2008 07:59:21 +0000 http://www.productivity501.com/reader-question-getting-your-money/448/#comment-33205 I have to agree with Ray and Jeff, when you loan family or friends money you should think of it as gift, if you get it back, be grateful for getting the gift back. But it takes a big person not to take it personally, if the person could pay you back they would have. Cheers I have to agree with Ray and Jeff, when you loan family or friends money you should think of it as gift, if you get it back, be grateful for getting the gift back.

But it takes a big person not to take it personally, if the person could pay you back they would have.

Cheers

]]> By: Jeff@MySuper-Charged Life http://www.productivity501.com/reader-question-getting-your-money/448/comment-page-1/#comment-31561 Jeff@MySuper-Charged Life Fri, 18 Apr 2008 16:04:52 +0000 http://www.productivity501.com/reader-question-getting-your-money/448/#comment-31561 I learned the lesson early on not to borrow or lend money to friends or family members. This is a recipe for a relational disaster. I agree with Ray above. If you feel compelled to help someone, then do it freely without expecting repayment. I learned the lesson early on not to borrow or lend money to friends or family members. This is a recipe for a relational disaster. I agree with Ray above. If you feel compelled to help someone, then do it freely without expecting repayment.

]]> By: Ray Platt http://www.productivity501.com/reader-question-getting-your-money/448/comment-page-1/#comment-31550 Ray Platt Fri, 18 Apr 2008 15:40:32 +0000 http://www.productivity501.com/reader-question-getting-your-money/448/#comment-31550 My personal path for the loaning of anything : My talents ( God given ) provided the reward ( money / material ) that is in my possession. I give with an attitude of giving a gift. It is a free will exchange. This friend or family member is in need. Receiving all or a portion or nothing back matters not because I gave it freely and as a gift to someone I know in need. If your loan was given to turn a profit and you did not sign paperwork than you are a poor manager of your resources. Let that loan serve as a life lesson, write it off as learning expense ( not with the IRS, but to your own wallet ). Plan ahead. My personal path for the loaning of anything :

My talents ( God given ) provided the reward ( money / material ) that is in my possession. I give with an attitude of giving a gift. It is a free will exchange. This friend or family member is in need. Receiving all or a portion or nothing back matters not because I gave it freely and as a gift to someone I know in need.

If your loan was given to turn a profit and you did not sign paperwork than you are a poor manager of your resources. Let that loan serve as a life lesson, write it off as learning expense ( not with the IRS, but to your own wallet ). Plan ahead.

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