Santipolo

“Neither a borrower nor a lender be;  for loan doth oft lose both itself and friend, and borrowing dulls the edge of husbandry .” Hamlet. … In this line from Hamlet, Polonius gives his son Laertes advice on managing money. He starts off by telling him never to lend or borrow money from friends. It is very good advice as I have found, to my cost, over the years. I have lost friends who I loaned money they didn’t repay, sometimes £100’s and, in one case £1000’s. Being owed money which doesn’t get repaid sucks big time Do you know, if all the money I was owed were repaid tomorrow (just what I can remember) I would be nearly £10,000 better off, that’s amazing isn’t it? Of course, I do lend money which gets repaid but, somehow I still get stressed as I rarely seem to know my financial worth. Just now, a friend who hit rough times borrowed £350 from me. I actually paid him £250 for work he did on the basis that he was actually just doing me a favour. ...