Borrowing tricky between family or friends. A quote recently caught my eye. “The easiest way to teach children the value of money is to borrow some from them,” it said. But that applies not only to children. Adults, it seems, take much more notice when someone has borrowed from them than when someone has lent to them.
Complexity of financial products no accident. Confirmation, at last, of what we’ve suspected all along: Providers of financial products may deliberately make them sound complicated.
Q&As: 2 on renting v home ownership — including the psychology of the choice; The professor who set last week’s question gives me a grade, and notes that house prices have fallen lots elsewhere.
Q&As: A letter to give a spouse who is mean with money; Where to get info on interest rates; Returns on share funds, and debt repayment.
Q&As: Man in mid 50s can afford to drop out — but what about emotionally?; Is reader silly to stick with renting?