Lesson Learned

dunceLate 2008, my wife and I made some ‘loans’ of a sizeable amount to friends.   I say ‘loans’ because they weren’t actually loans but because it is complicated.  The point is the monies should have been returned a long time ago.  The monies could have been returned right away, but the lendees did not do so.  They made excuses and gave us conditions upon which the monies will be returned, ex.  when they sell something…we’re still not 100% sure they will return the money. (more…)