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Fully Fund Your Retirement

Even if you feel like you may have a little extra cash right now doesn’t necessarily mean you can afford to lend someone money.

“There will come a day, trust me, where you are going to have to live off of your retirement plan,” Suze said. “It’s what gives money to you when you no longer have a paycheck coming in.”

Therefore, make sure you are fully funding your retirement account before you decide to give someone a loan.

Photo: Getty Images