Do friends or family owe you money? - New York News

Do friends or family owe you money?

Posted: Updated:

Many of us have loaned money to family and friends. If the world were perfect, that money would be repaid. Well, the world is not perfect and the money is often not repaid.

So, if a family member or friend owes you money, how do you get it back?

A report on Finance.yahoo.com offers a few suggestions. If you are owed money for a lunch or dinner, you can politely suggest that at the next lunch or dinner, they take care of the bill. If they are out of cash, you can ask for a credit or debit card, and use a payment app for your smartphone to get what is owed to you.

Another option is to use PayPal.

Why do they forget to repay you? The reports says a study finds most do actually forget they borrowed the money, and some see the loan as a gift that doesn't have to be paid back.

HOT TOPIC QUESTION: What is your policy on loaning money to friends? Post your comments on our FOX 5 Atlanta Facebook page, or tweet us @GoodDayAtlanta.

  • Good Day ArchiveMore>>

  • Pike Nurseries

    Spring Container Gardens

    Spring Container Gardens

    Friday, April 18 2014 10:21 AM EDT2014-04-18 14:21:54 GMT
    Container gardens are just as unique and diverse as gardens.
    Container gardens are just as unique and diverse as gardens.
  • Improve your commute with the "One Bus Away" app

    Improve your commute with the "One Bus Away" app

    Thursday, April 17 2014 9:03 AM EDT2014-04-17 13:03:23 GMT
    Don't you hate when you're waiting for mass transit and have no idea when that train or bus will show up? Now, there's an app for that and it's saving people time and money.
    Don't you hate when you're waiting for mass transit and have no idea when that train or bus will show up? Now, there's an app for that and it's saving people time and money.
  • Brewery Celebrates The "Sweet" Life At 420 Fest

    Brewery Celebrates The "Sweet" Life At 420 Fest

    Thursday, April 17 2014 8:45 AM EDT2014-04-17 12:45:46 GMT
    A new venue and a major headlining band are set to make this year's 10th Annual SweetWater 420 Fest the biggest yet.
    A new venue and a major headlining band are set to make this year's 10th Annual SweetWater 420 Fest the biggest yet.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices