Study

Borrowing

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  • Are you okay with borrowing money from friends or family? What makes you decide if you want to borrow from them?
  • What advice would you give to someone who's thinking about borrowing a lot of money for the first time? What should they think about?
  • Have you ever lent money to someone close to you? How did you deal with it, and what happened?
  • What's the right thing to do when lending money to friends or family? How do you handle this?
  • How is borrowing money for school different from borrowing money for other things like starting a business or buying a house?
  • Should there be a rule about how much money people can borrow from banks? Why or why not?
  • What are the good and bad parts of borrowing money from a bank versus borrowing from a credit union?