Loaning money to a Girlfriend
November 17, 2009 : Posted by: admin : Category: Personal Finances : Comments (0) : Add CommentHave you not seen any of the court tv shows such as Judge Hatchett, Judge Joe Brown or even Judge Mathis – this statement is like an episode that I have even seen over and over.
Boy dates girl, they believe they are in love. He loans her money after dating for about six weeks. She begins paying him back after the loan. She pays a minimal amount two times and then she breaks up with him. They do not have anything in writing and before you know it, they end up on Judge Mathis or Judge Joe Brown.
Listen, when you are in the dating stage this is also the perfect time to watch how someone manages their money. If you are dating someone and they ask you for a loan, do not feel obligated to loan them the money. It is not your responsibility.
Watch the signs:
(1) Being asked to loan money without anything in writing.
(2) Asking you for a loan in the first place.
(3) Mismanaging funds. Spending money loaned on extras versus paying off bills.
(4) Asking you to pay a bill for them while you are in the dating stage.
(5) Asking you to help a relative financially.
When you are only dating, watch what is happening with their money. How they spend, if they are working and more. This is not to be taken lightly. So take heed and choose your relationships carefully.

