In every relationship, there is a pivotal event that forever changes the course of that relationship. One such event is "The First Request for a Loan". Many friendships have ended, and families have torn apart over money, so it is no surprise that introducing the topic of money into any relationship can be a serious and stressful occasion. But loaning money to a friend or family member doesn't have to result in a ruined relationship. Follow these tips when considering giving a loan to a loved one, and you will be able to get through this process without hurting the relationship:
Showing posts with label risk management. Show all posts
Showing posts with label risk management. Show all posts
Thursday, August 11, 2011
Tuesday, December 14, 2010
A Lesson on Selflessness and Risk Management
Photo Credit: NFL.com |
This is Keith Fitzhugh, former free agent with the New York Jets. Recently he made headlines for turning down an offer to re-sign with the NFL team to continue working as a railroad conductor with Norfolk Southern Railroad, a stable occupation that allow him to provide for his parents financially. While some may scoff at his decision, I commend him for his act of self-sacrifice, and completely understand how he could make such a decision.
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