Money and Friends
Clear rules before you lend keep friendships from getting awkward.
The idea
Lending money to a friend means they use your money now and promise to give it back later. The tricky part is that money and friendship get tangled together, so if the payback is late, both people can start to feel awkward. Agreeing on the amount and the payback day BEFORE you lend keeps everything clear. A good rule many people use is to only lend what you'd be okay never getting back. 🤝
Words to know
- Lend
- To let someone use your money and expect it back.
- Borrow
- To use someone else's money and promise to return it.
- Loan
- Money that was lent and still needs to be paid back.
- Pay back
- To return the money you borrowed, like you promised.
- Gift
- Money you give with no payback expected at all.
Try it — no account needed
Swipe true or false about lending to friends.
There is always a chance a loan to a friend doesn't get paid back.
In the full lesson
- 1True or false
- 2Work out the number
- 3Make the call
Vine has 107 lessons like this one, each written three ways so a 7-year-old and a 17-year-old both get a version that fits.
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