The Non-Awkward Way To Borrow Money

If you need to borrow money, your friends and family are usually willing to help.  But that can get really awkward...REALLY fast.  Even if it is something as small as paying for your bestie's frappuccino or covering their half of groceries, it can add up.  Is there a non-awkward way to borrow money? Yes!  First things first, only borrow money when you really need to.  Make a budget and try to stick to it.  There are a lot of great apps to help.  Also consider opening up some kind of savings account that you can turn to if there's a crisis.

Make sure to write everything down.  Even if it seems like a casual situation, make sure to document any funds that are exchanged.  Here is an example a lot of people run into: splitting a restaurant bill.  A lot of people do not carry cash these days, so it can get a little complicated if you have a big party.  If you need someone to cover you, make sure you get down how much you owe them on the spot.  Once time passes, it becomes easy to forget.  And it gets way more awkward for the lender to keep reminding you.

Splitwise is an app that you can use to record how much you owe someone.  Venmo is another great app - you connect it to your bank account and then send people money directly.  The second you come into some cash, the first thing you should do is pay back any money you have borrowed.

And the most important thing is to not get too personal.  Some people are very protective of their hard earned money and may be reluctant to lend it out.  Chances are, that has nothing to do with you.  The only thing you can control is yourself.  If you have a habit of paying people back promptly, then others will be more willing to trust you.