By Invitation Only

MyTripisCut

Never bought my own handtruck
What’s the limit on money you will lend a sibling? Especially knowing it may take over a year for them to pay you back, if at all.
 

oldngray

nowhere special
What’s the limit on money you will lend a sibling? Especially knowing it may take over a year for them to pay you back, if at all.
I treat loaning money to a relative as a gift. I don't rely on getting it back and if I do treat it as found money.

Generally not a good idea to loan money to relatives. My sister has owed me money for many years and I have no idea how much. She remembers though and knows exactly how much and promises to pay me some day.
 

burrheadd

KING Of GIFS
Asking for 2G.

If it was my sibling and they really needed it I’d do it

I loaned a nephew $500 for a down payment on a car

Wrote up a little contract never thinking
I’d see it again

He faithfully showed up every month with $100 until it was paid off

He’s a lawyer now and I haven’t let him forget about it
 

MyTripisCut

Never bought my own handtruck
If it was my sibling and they really needed it I’d do it

I loaned a nephew $500 for a down payment on a car

Wrote up a little contract never thinking
I’d see it again

He faithfully showed up every month with $100 until it was paid off

He’s a lawyer now and I haven’t let him forget about it
That’s awesome. Maybe you saw his potential. This is a little different.
 
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