8 Shocking Reasons Why You Should NOT Borrow Money from Friends & Family

It was Polonius, Shakespeare’s chief counselor to King Claudius in Hamlet that said, “Neither a borrower nor a lender be.” This advice still rings true today when it comes to borrowing money, especially from family and friends. Why shouldn’t we borrow money to friends and family? Because as Polonius answers, “For loan oft loses both itself[…]