Good Morning Cape Town with Lester Kiewit
Money Talks – Don’t lend money to friends and family and expect it back
There is a saying or sage piece of advice which goes: only lend money to family or friends if you are comfortable with them not paying you back. Lester Kiewit speaks to Riccardo Petersen of Norton Rose Fulbright South Africa to discuss the pitfalls of lending to family and friends, and how to avoid them.
