If someone asks you to lend them money, think before you act. As much as you may want to help out a friend or family member in need, there are several rules you should follow before you hand over any cash.
Financial expert Suze Orman lays out her 10 rules for lending money — rules she says must never be altered. They will help you determine if you are in a position to lend or give money, and if so, how to go about doing it.
“Live by [these] rules and one day you will be happy that you did,” she said.
Read ahead to see Suze’s must-follow rules for lending or giving money.
By Michelle Fox
Posted 8 March 2012