ESSENCE Poll: What's Your Money Lending Philosophy?

Photo by Stefanie Keenan/Getty Images for Chopard
What rules do you have when it comes to lending money?

Lending money to family and friends can be a slippery slope. Especially if you're a billionaire like Oprah. The media mogul revealed to a TMZ photographer Sunday that people don't usually ask her for less than $50,000.

"This is what I find, people ask for money depending on what they think you have," she said. 

We may not all have O's money, but we do have rules when it comes to lending money. What's your philosophy? Do you only lend money to family? Close friends? Or do you try to avoid lending money all together?

Let us know your lending philosophy below.

QUESTION:
What's your money lending philosophy?
I only lend to family
11%
I don't lend to friends
1%
I don't lend to significant others
1%
I lend, but I set limits
53%
I don't lend anyone, anytime
33%
Total votes: 392

Read More
Filed under: News