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Optimal Finance Daily - Financial Independence and Money Advice

518: The Right Way (And the Wrong Way) to Lend Money to Family and Friends - Part 1 by J.D. Roth of Get Rich Slowly

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 21 February 2018

⏱️ 8 minutes

🧾️ Download transcript

Summary

J.D. Roth of Get Rich Slowly shares how to lend money to family and friends. This is Part 1 of 2. Episode 518: The Right Way (And the Wrong Way) to Lend Money to Family and Friends - Part 1 by J.D. Roth of Get Rich Slowly (Debt Free). J.D. Roth has been reading and writing about personal finance for a decade. Today he’s financially independent, but ten years ago, his money life was a disaster, with over $35,000 in consumer debt. He started turning everything around in 2004. By being the boss of your own life, you, too, can be the master of your own financial fate. The original post is located here: http://www.getrichslowly.org/2018/02/12/loaning-to-family-and-friends Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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Match days made easy with Google Pay.

0:43.7

Add a card to Google Wallet.

0:45.2

This is optimal finance daily.

0:47.3

Episode 518, the right way and wrong way to lend money to family and friends.

0:52.1

Part 1, by J.D. Roth of Get Rich Slowly.org.

0:56.6

And I'm your host and narrator Dan. I'm here each weekday reading to you from some of the

1:00.1

best personal finance blogs on the planet.

1:03.4

And before we get into today's content, I want to ask you if you have subscribed to our other

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