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Deeper Than Money

Chloe Rants About Loaning Your Friends Money

Deeper Than Money

Chloe Elise

Saving, Budget, Millionaire, Business, Loans, Finance, Debt, Relationships, Credit, Money, Investing, Freedom, Mindset, Millennial

4.9825 Ratings

🗓️ 19 August 2020

⏱️ 6 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Hi and welcome to the Deeper Than Money podcast. I am your host, Chloe Elise. I'm a millennial money

0:11.3

coach speaker, dog mom, and a seven on the enneagram, and I am on a mission to prove to you

0:17.1

that finances can be fun and easy. On the Deeper Than Money podcast, we will dive

0:22.6

into all things millennial finance, debt, saving mindset, and how to have financial freedom

0:29.0

to enjoy life in your 20s and 30s. I want you to leave this podcast with more confidence around

0:34.9

your Moolah and the belief that your biggest financial dreams are

0:38.2

possible for you.

0:39.5

So, let's talk money.

0:55.6

Welcome to the first episode of Chloe Rants.

1:02.1

Today I'm going to be ranting about lending your friend's money, giving out a loan to your significant other or a family member or whatever.

1:05.1

Now, in these episodes of Chloe Rants, they're going to be just a couple minutes long,

1:09.6

and I'm going to rant about a quick topic

1:12.1

that i want you to just grab on and start rolling with so here's the deal let's dive in

1:19.3

let me rant about lending your friends money so here's the deal should you lend your friend's money

1:26.3

no should you lend your partner money,

1:30.1

your girlfriend, your boyfriend, your whoever, should you lend them money? No. Don't lend it to

1:37.2

your friend that you've known forever or a new friend or your boyfriend or your girlfriend.

1:42.4

Don't loan people in your family money.

1:45.7

Here's my philosophy.

1:47.5

If someone asks you for a loan, instead, give it to them.

1:54.8

Okay, give it to them.

1:57.0

Or at the very least, if you're going to not listen to me and take my advice and do it anyway

...

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