Optimal Finance Daily · Thursday, October 1, 2026
J.D. Roth suggests that if you decide to lend money to loved ones, it's best to only offer what you can afford to lose, as you may never see the money again. He also proposes that considering a gift instead of a loan can eliminate potential awkwardness and resentment.
“Lend only the amount you can afford to lose. You may never see the money again.”
“If you can afford it, and if it seems appropriate, Consider giving the money instead. That way there's no ickiness on either side.”