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Q:
What should I do if my friend is annoying my by spending frivolously?

I let my friend and his wife borrow $2,500 more than a year ago. They are making payments as agreed, but I can't help to get annoyed when I see them spending money frivolously. They even went on a trip recently - I can’t even afford to do that! What can I do about this situation? -Susan

Susan,

While you may not agree with all of their spending decisions, at least they are keeping their promise to pay you back.

I believe that when you lend someone money, it is important not to assume a position of power. Being too authoritative could damage your friendship.

Maybe you should consider developing a savings plan so that you can afford a vacation of your own? One way to start could be setting aside these debt repayments from your friend.

Good luck,

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