http://www.BorrowFromNone.com/2008/11/the-bible-and-the-bard-agree-on-this-financial-principle/ Blending simple and straightforward financial discussion with Biblical principles to assist normal people like us in being good stewards of our finances. This site includes tips for increasing income, reducing expenses, getting out of debt, saving, investing, and being content. Fri, 30 Jul 2010 11:16:59 -0600 http://wordpress.org/?v=abc hourly 1 http://www.BorrowFromNone.com/2008/11/the-bible-and-the-bard-agree-on-this-financial-principle/comment-page-1/#comment-679 American Academy of Estate Planning Thu, 30 Jul 2009 22:08:38 +0000 http://www.BorrowFromNone.com/?p=1016#comment-679 Well said, and yes, co-signing on a loan is risky business. Even financial institutions have changed their guidelines for accepting co-signers, making it much more difficult. Consider having your estate plan prepared so you too will be in a position to say no when asked to be a co-signer. The American Academy of Estate Planning Attorneys (AAEPA) breaks <a href="http://www.aaepa.com/practice.aspx" rel="nofollow">Law Practice Management Systems</a> for estate planning attorneys into a variety of areas as outlined in the Academy’s “Practice Building Handbook” which is an important cornerstone in the creation of both client and law firm business plans and estate plans. Well said, and yes, co-signing on a loan is risky business. Even financial institutions have changed their guidelines for accepting co-signers, making it much more difficult. Consider having your estate plan prepared so you too will be in a position to say no when asked to be a co-signer. The American Academy of Estate Planning Attorneys (AAEPA) breaks Law Practice Management Systems for estate planning attorneys into a variety of areas as outlined in the Academy’s “Practice Building Handbook” which is an important cornerstone in the creation of both client and law firm business plans and estate plans.

]]> http://www.BorrowFromNone.com/2008/11/the-bible-and-the-bard-agree-on-this-financial-principle/comment-page-1/#comment-277 John Fri, 21 Nov 2008 20:08:22 +0000 http://www.BorrowFromNone.com/?p=1016#comment-277 @Pete - I definitely agree with your piece of advice about lending money to family. It sounds like such a good idea but as you point out on your site, "The borrower is servant to the lender" and that kind of relationship doesn't mix well in the family dynamic. @Pete – I definitely agree with your piece of advice about lending money to family. It sounds like such a good idea but as you point out on your site, “The borrower is servant to the lender” and that kind of relationship doesn’t mix well in the family dynamic.

]]> http://www.BorrowFromNone.com/2008/11/the-bible-and-the-bard-agree-on-this-financial-principle/comment-page-1/#comment-274 Pete Fri, 21 Nov 2008 18:13:10 +0000 http://www.BorrowFromNone.com/?p=1016#comment-274 Great advice - never co-sign a loan. There's a reason they need a co-signer - because they're unlikely to be able to pay the lender back! By the same token, never lend money to family. If you must give them money, do it as a gift. Great advice – never co-sign a loan. There’s a reason they need a co-signer – because they’re unlikely to be able to pay the lender back! By the same token, never lend money to family. If you must give them money, do it as a gift.

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