'You've just introduced a new power dynamic': What to know before lending money to family or friends

📆 9/13/2022 3:09 AM
📰 calgaryherald

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Lending money can always add awkwardness to a relationship. Do you make your friends and family sign a contract? Do you trust them to repay

, you may be less inclined to lend money to anyone. However, you may also feel the need to try to help out someone in need.

“When you loan or borrow money from a friend or family member, it automatically adds an extra layer of complexity to that relationship since you’ve just introduced a new power dynamic,” she explains.

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'You've just introduced a new power dynamic': What to know before lending money to family or friendsLending money can always add awkwardness to a relationship. Do you make your friends and family sign a contract? Do you trust them to repay
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