General information only, not medical, legal, tax, or investment advice. Consult a qualified professional.
If you lend money, write the amount and the date
In one line
How much, when it comes back, both names. Leave it on paper or in a message you can both still open. Memory drifts.
What it costs
Free. A few minutes to write. Asking can be the hard part.
What you get
What you keep is a record that the loan happened. The Chinese lawsuit rules in the source book were removed. This edition does not say the note wins a case in every country.
How strong the evidence is
Source
Habit generalized from book item 8-18. Not legal advice.
Watch-outs
Before you guarantee someone else’s debt, decide if you would pay it yourself. If you wouldn’t, don’t sign the guarantee.
Adapted from HowToLiveBetter item 8-18.
Next habitRelated
Best valueDon’t leave someone alone the day after a death
The 24 hours after a significant death were linked to a much higher rate of heart attack. Keep prescribed medicines going. Chest pressure, breathlessness, or one-sided weakness means 119 or 911.
Buckle up, front seat and back
Wearing a seat belt in the front seat cuts the risk of dying in a crash by more than 40%. The back seat counts too.
Face droops, one arm fails, speech slurs. Call now
Ask for a smile, both arms up, and a short sentence. If any of that fails, call 119 in Japan or 911 in the U.S. Don’t drive them yourself.