“Lending money, especially to a significant other, can jeopardize your relationship,” Chelsea Hudson, personal finance expert at TopCashback.com, tells Bustle. “Even if you love and trust your partner, loaning money can lead to further issues, such as resentment, tension, and additional debt.”
Is it OK to lend people money?
If you don’t feel comfortable lending money to someone, then it’s OK to say so. You may get some pushback, but it’s important that you’re only lending money when you’re confident that it won’t cause the relationship to go south.
Should you lend your partner money?
Lending money to your partner can get very messy. Financial difficulties will strain any relationship, but if money comes between you things could turn sour much faster. An otherwise healthy and supportive relationship could come to an end if the money isn’t repaid and feelings are hurt.
When to lend money to your boyfriend or girlfriend?
It doesn’t matter if you’ve been boyfriend and girlfriend for three months or three years; you need to take certain precautions when lending money.
Why does my girlfriend think my money is hers?
She genuinely thinks that your money is her money and is depending on you to carry her while she tries to work and go to school simultaneously. And unless you agreed to that arrangement, you’re allowing yourself to be used by her. It’s really easy for her to say that she’d do anything for you – in theory, I’m sure she would.
Do you expect gratitude when you loan money to your boyfriend?
To “buy” gratitude. If you’re considering lending money to your boyfriend or girlfriend so that you can get the appreciation, devotion or gratitude you think you deserve, DON’T. When you loan money, don’t expect gratitude. Expect your money back! Click To Tweet Love your partner. But don’t make THEM your money plan.
How can Mariah help her boyfriend with money?
The best way for Mariah to help her boyfriend is to help him find a financial planner, investment advisor, or some type of “money mentor” who can help him organize his income and expenditures. He needs a long-term solution to his money situation – not a short-term loan that will create more financial problems in the long run.
