#borrowed

LPT – Your friend didn’t “forget” they borrowed money

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LPT – Your friend didn’t “forget” they borrowed money This is a follow up to the age-old saying “Don’t lend money to people. If you want to help out, give it as a gift instead. That way, you don’t have to worry about getting paid back or what to do if they don’t.” As a past lender to friends and family, I’ve come across this problem many, many times. The borrower never (rarely) comes out to pay the…

Life Pro Tips 1.3k 2024-05-30

Secured credit card from borrowed money

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Secured credit card from borrowed money For starters I’m a loser without any credit cards on my name (freelancer). I don’t have any debt tho. My mom offered me to borrow a couple grands from her retirement savings to get a secured credit card and then send her back the money afterwards. So is that a thing? I will try to use the card “smartly” by paying everything with it and then payi…

Reddit Personal Finance 156 2023-10-09