Photo: Monstera

How do you ask for money?

Here are a few best practices on how to ask someone for money politely. Be Honest And Open. It is crucial you're being honest about why you need the money. ... Have A Plan In Place. Coming up with a plan of attack to solve your financial situation is an essential item on your to-do list. ... Put It In Writing.

rockethq.com - How To Ask For Money Politely: An Etiquette Guide | Rocket HQ

What is the best company to invest in right now?

The 10 Best Stocks as of December 2022 Walt Disney DIS. Comcast CMCSA. Taiwan Semiconductor Manufacturing TSM. Guidewire Software GWRE. Equifax...

Last updated Apr 27, 2020

What colour is wealth?

Gold is the most powerful color if you are thinking of attracting affluence, fame, and wealth. Due to all these things, it is the most powerful...

Last updated Mar 27, 2022

Awaken your dormant DNA ability to attract wealth effortlessly

The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

Learn More »

Promotion

When it comes to figuring out how to politely ask for money owed to you by a friend or family member, it can feel awkward. However, it might be essential if your borrower isn’t paying their money back on time, or you’re concerned that it might happen. Here are some best practices you can implement when you lend the money to ensure there are no surprises during repayment.

Set Deadlines And Reminders Often

Setting deadlines for repayment, such as the due date and how many installments the payments will come in with your borrower, is important so you have the expectations laid out clearly. That way the borrower knows exactly when and how much they need to pay you back each month. You can even take it one step further and give polite reminders about upcoming deadlines. You may want to consider reminding them a week or a few days before the due date. As for how to remind them, a simple email or text message will suffice. Be sure to have these deadlines in writing so everyone knows what to expect.

Be Stern, Not Confrontational

As a lender, you need to set boundaries on the loan. While you want to be considerate of your friend’s or family member’s situation, you also need to make sure the borrower is sticking to the repayment schedule. Being stern is important so you can stand up for yourself — you want your money back, after all. However, avoid being rude or confrontational as that won’t help anyone. There are different tactics for talking with friends versus taking with family about money and financial situations – be sure to research some approaches to make sure you’re getting through without getting harsh.

Practice Communication

Talking about money can be difficult, so get some practice on how to be more comfortable with these types of conversations. That way, if you need to talk to the borrower about repayment terms, and what you’ll do if they don’t pay you back, you’re well prepared. Some suggestions on how to be more comfortable include talking to other trusted friends and family members about money in general, then progressing to more detailed conversations. You might even want to practice various scenarios with your partner or a close friend, such as when the borrower won’t pay you back.

Accept That You Might Not Get Paid Back

The truth is that you may not get your money back — it’s the reality when lending money to friends and family. To prevent this from happening, get all the borrowing terms in writing to potentially avoid this issue. Like mentioned earlier, consider asking for legal assistance so you know what your rights are in case you have to escalate the matter.

What color is selfishness?

That being said, color psychology attributes orange to selfishness and opportunism, so make of it what you will. Jul 28, 2017

Last updated Jan 6, 2020

What does the third eye do?

The third eye is often associated with religious visions, clairvoyance, the ability to observe chakras and auras, precognition, and out-of-body...

Last updated Feb 8, 2022

Promotion

How do I ask God for instant help?

Loving God, I pray that you will comfort me in my suffering, lend skill to the hands of my healers, and bless the means used for my cure. Give me such confidence in the power of your grace, that even when I am afraid, I may put my whole trust in you; through our Savior Jesus Christ. Amen.

womansday.com - 20 Prayers for Healing That'll Bring Strength and Recovery in Hard Times

In times of emotional, mental, or physical hardship, it's easy to feel hopeless and like things will never get better. Sometimes, untangling yourself from these spiraling thoughts can be a confusing and difficult process. But it is important to remember that you are not alone and there are steps you can take to heal and find peace and strength once again. One way to approach this process is to read or say aloud a healing prayer. Whether the obstacle you are facing relates to your health, work, family, relationship, or something else, prayer can provide comfort during the healing process. Reading or reciting these prayers to yourself or a loved one won't be the solution to the problem you are currently up against. You may need to pursue other paths such as speaking to a professional to address the underlying problem. Recovery looks different for everyone, but healing prayers can provide comfort in a time when you need it most. The Covid-19 pandemic is one ongoing hardship that has impacted most everyone's mental and emotional wellbeing, especially when it comes to grief, loss, and pain. Healing words and prayers for the sick can offer strength and help alleviate some of the loneliness and isolation that many have felt (and continue to feel) throughout the pandemic. If you have a friend or family member who is going through a hardship, you can also share these healing prayers with them. Keeping them in your thoughts and prayers can bring them peace, just as reading prayers for healing can give you strength. Find more strength, peace and hope every day with WD's Everyday Inspiration Bible verse cards — a portable box of inspo that will keep the encouragement you need close at hand.

What is the rarest birthstone gem?

The Rarest Birthstones While on the topic of alexandrite, this is currently the rarest gemstone on the birthstone list and can come at quite a...

Last updated Oct 14, 2022

Does cinnamon attract any pests?

Cinnamon is considered a natural bug repellent because "insects and other pests don't like the smell of cinnamon, nor are they fond of its powdered...

Last updated Jun 27, 2022

Awaken your dormant DNA ability to attract wealth effortlessly

The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

Learn More »

Promotion

How can I make 2k a month from home?

Here are some of the best side hustle ideas for earning an extra $2,000 a month from home! Freelance Writing. ... Become a Virtual Assistant. ......

Last updated Jul 13, 2019

Awaken your dormant DNA ability to attract wealth effortlessly

The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

Learn More »

Promotion

How much do I need to save to be a millionaire in 15 years?

$1 Million the Easy Way Putting aside someone's $40,000 in take-home pay every year—and earning that 10% return as described above—will get you to...

Last updated Aug 28, 2022