DubaI: In tough times, lending money to somebody is always a move that should be well considered.
Even if you are in a secure job and financially well off, never lend any money you are not willing to lose.
It can get tricky if there is a situation when a close friend or relative approaches you who is in need of money.
Gulf News looks at such special cases and lists ten things to consider before lending money to friends or family.
Money tests friendships and even the closest of relationships, and so emotions play a big part in how one tackles the situation.
It is down to the lender to decide if the friendship bond or family tie is enough or if a more formal arrangement is required.
And it is always a good idea to have something in writing, even if it's an exchange of emails, to confirm the amount.