Lending with a "write-off" mindset

Simple IOU: what to include

Don’t spend good money chasing after bad money

Why cooling-off time matters

Final advice: always have evidence

A handshake or bank transfer may feel quick and sufficient when helping a friend in need. Yet disputes over repayment, interest and even whether it was a gift can arise years later. Family lawyer Ang Boon Yaw from Yeo Marini Law Corporation sits with Andrea Heng to break down how to protect yourself and manage the risk when it comes to lending money to your loved ones.

A handshake or bank transfer may feel quick and sufficient when helping a friend in need. Yet disputes over repayment, interest and even whether it was a gift can arise years later. Family lawyer Ang Boon Yaw from Yeo Marini Law Corporation sits with Andrea Heng to break down how to protect yourself and manage the risk when it comes to lending money to your loved ones.

Your weekly dose of personal finance with Andrea Heng. Here’s everything you need to know on how you can manage your money better. 

The views and opinions shared during this podcast series are those of the hosts and guests and do not necessarily reflect the views of Mediacorp Pte. Ltd. or its group of companies.

Your weekly dose of personal finance with Andrea Heng. Here&rsquo;s everything you need to know on how you can manage your money better.&nbsp;
The views and opinions shared during this podcast series are those of the hosts and guests and do not necessarily reflect the views of Mediacorp Pte. Ltd. or its group of companies.

Money Talks

Your weekly dose of personal finance with Andrea Heng. Here’s everything you need to know on how you can manage your money better.  

Your weekly dose of personal finance with Andrea Heng. Here’s everything you need to know on how you can manage your money better. &nbsp;