Should you give your friends a wedding gift if they still owe you money?
Loading player...
A friend of Andy's is getting married this summer. Over the past few years he has occasionally borrowed money and has been paying it back in small amounts regularly, but he still owes an amount in the low four figures. at this rate, it will be a few years before it’s paid off. They are going to ask for cash donations to go towards a honeymoon or setting up housekeeping. both of them have had their own living arrangements and do not need toasters, etc. Andy wants to contribute, of course, but would it be better to forgive part of the loan, or give them the cash they are requesting?
