There is no doubt on the fact that a friend in need is a friend in deed, but those friends who bank upon you for their financial needs you should be placing the phrase on them. Iona Minton gives you tips to handle a situation when a friend is on to make you a pauper.



1. You must know why the loan is for. Give him a loan only to help him not to give him a piece of luxury.

2. Do not lend if you are not in apposition of lending.

3. When you lend him money, do set a time you expect a payment back from him and do let your friend know about it.

4. If you do not want to consider a loan as a loan then sit back and forget that you had given him money some day.