Your Next Money Move

Loaning money to friends and family.


Listen Later

Are you putting relationships, friendships, and Thanksgiving dinners at risk if you loan money to friends or family? Welcome back to another episode of Your Next Money Move! Today we chat about loaning money to friends or family, why it might not be a good idea, the importance of setting specific terms, tax implications, and more. Don't miss out on a great and practical conversation.

Check out our website, where you can sign up for our newsletter and find other free resources:

Your Next Money Move

Connect with us on social media:

Your Next Money Move on Instagram

Your Next Money Move on Twitter

Derek Lawson on LinkedIn

Trent Porter on LinkedIn

Links Mentioned in Today's Episode:

Wall Street Journal Article

...more
View all episodesView all episodes
Download on the App Store

Your Next Money MoveBy Derek Lawson PhD, CFP® and Trent Porter CPA, CFP®