What do you ladies think about lending/borrowing money from friends/family?
I have not had the misfortune of having to borrow money from a friend or family member in quite sometime ( I think DD was less than a year old and she will turn nine in December) but I recently loaned my sister and family $10K; she needed it, I had it. I did not have tight strings attached to this money, I basically told her "when you can start paying me back we will make arrangements that will be comfortable for both of us".
Her husband landed a great job and is making great money; she is throwing baby showers for friends, dinner parties for co-workers, lavish birthday parties for her kids and shopping as if tomorrow may never come. And yet I have not heard of when she will start paying me back. I would understand if paying me back will still make things hard on her and her family and I understand that she is enjoying her new found financial freedom but well what should I be expecting?\
I guess I should have known better...
When you borrow money from friends or family do you pay it back right away?
When you have loaned money to friends or family do you expect it back right away?
How do you approach the subject?