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Money Rehab with Nicole Lapin

Get Friends to Pay You Back: Listen and Learn

Money Rehab with Nicole Lapin

Money News Network

Education, Business, Self-improvement

4.61.7K Ratings

🗓️ 29 April 2021

⏱️ 10 minutes

🧾️ Download transcript

Summary

Brave the awkwardness and get your money back - Nicole shows you firsthand how to ask a friend to return a loan (and keep the friendship intact).  Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys, are you ready for some money rehab?

0:05.0

Wall Street has been completely upended by an unlikely player. Game stop.

0:09.0

That's a good one.

0:10.0

And should I have a 401k because I don't do it?

0:12.0

No, I know.

0:15.0

I think the whole world revolves around you on your money. What does it do?

0:19.0

Charge for wasting our time.

0:23.0

I will take a check.

0:25.0

I got a full check.

0:27.0

You recognize her from rank ring on CNN, CNBC, and Bloomberg.

0:31.0

The only financial expert you don't need a dictionary to understand.

0:35.0

The cold lap in.

0:37.0

As Ali and Adrian said in our Changemakers episode, money talks with loved ones can be hard to say the least.

0:45.0

Today, money rehabber Olivia calls in with this question.

0:48.0

Hey Nicole, my roommate and I had planned on splitting a going away present for our friend.

0:54.0

I paid for it, but my roommate still owes me her half.

0:57.0

I want to ask her to pay me back, but I don't want to make it awkward.

1:00.0

Do you have any advice?

1:02.0

So one of the biggest questions I often get asked is how the heck do you get your friends to pay you back?

1:09.0

And there is this old adage that if you lend your friend money, you have to decide which you want more.

1:15.0

The friend or the money.

1:17.0

Because most often, you'll lose one of that.

...

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