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Money and Finances
Reply to "Offered friend loan of $80k"
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[quote=Anonymous]15:04 has the best advice on here, too bad it's so late in the thread. Pay for childcare costs for a year so she can go back to work and pay off the debt herself. If she does it well for the first year, add a second year. Then you have given her the experience and some job skills in addition to be able to manage her paycheck herself. You can see if he actually pays down the debt or goes on a vacation/buys more crap. She will have no excuse not to work since you will be paying for whatever childcare she wants. You will have essentially "taught her how to fish" instead of giving her a meal, as the story goes.[/quote]
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