A tale of two loans and two friendships: Guiliano Stiglitz, an executive who lives in Miami and London, says he has never had any resentment over money he loaned to a friend, even as much as $200. "I write it off immediately," he says. "If they return the money, it is a pleasant surprise. If they don't, well, I already knew."But Vivian P., a textile designer in New York City, felt differently about the $300 she loaned to a friend who needed it to pay her rent. Vivian's resentment flared when...
Lending Money to Friends: How to Ensure Good Karma, Not Bad Blood originally appeared on DailyFinance.com on Thu, 21 Apr 2011 06:30:00 EST. Please see our terms for use of feeds.
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