Don’t Plan On Getting Your Money Back
Remember that one time you loaned money to that one person and they promised to pay you back? Even that cousin you see at every family function who keeps telling you, "Oh yeah, I'll get you that money." A new study says that you probably won't be getting that money back.
That study tells us that only 24% of us who loan money will ACTUALLY get it back. That is some slim chances if you ask me. While 11% of us charge interest on those friendly loans (I mean it does make some sense, doesn't it?) you only have a 24% chance of getting it back anyway!
The people you must be the most leery of, according to this study, is our parents, siblings and friends. Woe to me! If we can't trust our parents to pay us back, how can we trust anyone to?