 TITLE: 5 Tips for Borrowing Money From Friends and Family CONTENT: 2\\. Be Realistic About How Much Money You Need\n----------------------------------------------\nThere are some situations that may require you to ask friends or family for financial help. Run the numbers to get a ballpark idea of how much money you really need to borrow. If you've suffered a job loss, for instance, eliminate any unnecessary expenses from your budget and factor in what you can expect from unemployment benefits. You may find that you don't need to borrow quite as much as you originally estimated.\nJust make sure to be realistic so that you don't have to go back to your loved one to ask for more. You also want to make sure you don't borrow too much, which can create trouble of its own. You may end up owing more than you can afford to repay, especially if the person charges you interest on the loan. These are all factors that can compromise your relationship with the person as well as your financial health. END