Personal Finance
Lending money to friends
By SG Wealth Builder  •  November 12, 2012
Recently, one of my army acquaintenances texted me to borrow money from me. He is one of my reservist army bunkmates and I got to know him only a few years back (both of us were from different units during active times). When I received his message for help, I was a bit apprehensive to lend him the money. This is because my father was hospitalized recently and my wife is a full time homemaker. And I have a baby daughter. So I thought to myself if I had any spare cash, my priority would go to my immediatel family first. After some thinking, I texted him back and explained my financial situation to him. I also suggested to lend him $50 instead. He understood my plight and politely turned down my suggestion.I suppose most of us would face financial difficulties at certain points in our lives. Sometimes we really ...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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