MARLO THOMAS
04/08/2013 11:28 am ET Updated Dec 06, 2017

Should You Lend Money To Friends Or Relatives? From Jean Chatzky (VIDEO)

When a friend or family member is in need of some financial help, should you give them a loan? Money expert Jean Chatzky weighed in on this tricky question when she joined me on Mondays With Marlo. It's usually not a good idea to lend money, Jean said, because things get awkward when that person doesn't pay you back. Instead, if you can afford it, give that person a gift -- with no expectations of being paid back. For more on Jean Chatzky's Money School, visit her website.

Click here for the full interview.

Get the most out of your money with Jean's favorite tips and connect with her on Twitter:

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Money Tips From Jean Chatzky


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