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Never loan money to family or friends

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Personal Finance Made Clear

We all want to help, but loaning money to people we know (especially friends and family) is a really bad idea. Mitchell Hockenbury explains why loaning money to friends and family changes the dynamic of the relationship as well as why you may be enabling poor behavior.

Mitchell C Hockenbury is a feeonly financial planner with offices in Kansas City, MO and Omaha, NE serving clients locally and across the country. He meets facetoface with individuals, families, and small business owners in Omaha and Kansas City. He aligns himself to his clients by taking the fiduciary oath and is never paid a commission of any kind. 1440 Financial Partners provides comprehensive financial planning, investment advice, retirement planning, budget assistance, and determining the optimal time to take Social Security benefits. Mitch has a passion for taking complex financial terms and explaining them in plain English so you can organize, grow and protect your assets.
www.PersonalFinanceMadeClear.com
www.1440fp.com

posted by vhupkat4e