Do friends or family owe you money? - FOX13 News, WHBQ FOX 13

Do friends or family owe you money?

Posted: Updated:

Many of us have loaned money to family and friends. If the world were perfect, that money would be repaid. Well, the world is not perfect and the money is often not repaid.

So, if a family member or friend owes you money, how do you get it back?

A report on Finance.yahoo.com offers a few suggestions. If you are owed money for a lunch or dinner, you can politely suggest that at the next lunch or dinner, they take care of the bill. If they are out of cash, you can ask for a credit or debit card, and use a payment app for your smartphone to get what is owed to you.

Another option is to use PayPal.

Why do they forget to repay you? The reports says a study finds most do actually forget they borrowed the money, and some see the loan as a gift that doesn't have to be paid back.

HOT TOPIC QUESTION: What is your policy on loaning money to friends? Post your comments on our FOX 5 Atlanta Facebook page, or tweet us @GoodDayAtlanta.

  • Good Day ArchiveMore>>

  • Back to School Jamboree with Hosea Feed The Hungry

    Back to School Jamboree with Hosea Feed The Hungry

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

  • Good Day Atlanta

    Pike Nurseries: Gardening in small spaces

    Pike Nurseries: Gardening in small spaces

    Friday, August 22 2014 9:00 AM EDT2014-08-22 13:00:20 GMT
    Sometimes less can be more! A small space shouldn't limit your garden or your imagination—hanging baskets, containers, window boxes, espaliered fruit trees….they're all great ways to made a big gardening impact – even on the most limited high rise balcony!
    Sometimes less can be more! A small space shouldn't limit your garden or your imagination—hanging baskets, containers, window boxes, espaliered fruit trees….they're all great ways to made a big gardening impact – even on the most limited high rise balcony!
  • Kennesaw celebrates BBQ festival

    Kennesaw celebrates BBQ festival

    Friday, August 22 2014 8:52 AM EDT2014-08-22 12:52:25 GMT
    Don't worry...that incredible aroma of smoke-cooked BBQ isn't just in your imagination. It's coming from Kennesaw, where the grills are fired up for an annual tradition.
    Don't worry...that incredible aroma of smoke-cooked BBQ isn't just in your imagination. It's coming from Kennesaw, where the grills are fired up for an annual tradition.
Powered by WorldNow

WHBQ-TV | Fox 13
485 S. Highland St.
Memphis, TN 38111

Main Station: (901) 320-1313
Newsroom: (901) 320-1340

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices