Why You Should Think Long and Hard before Lending Money to Family

We never stop being parents, not even when our children grow up, start their families and begin to shine in their respective professions. There is no doubt that this is a hard time to be a young adult starting out in the business world. Student debt is at an all-time high in the US, which can be difficult for graduates seeking to launch a startup, complete a post-grad course, or invest in a new home.

What are parents to do if kids ask for a lending hand? In this post, we discuss the sometimes difficult topic of loaning money to family, and put forward other ways to lend a helping hand.​

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