1. Should I lend money to my friends?

ask yourself these questions:

• Is s/he likely to pay me back or default?
• If s/he fails to pay the loan back, how annoyed will I be with that person?
• Could this loan damage our relationship ?
• Is there another alternative which avoids having a loan from me?
• Do they have outstanding debts with other people?

If you do decide to lend money to friends then:

• Make a written contract.
• Make it clear when it is to be paid back.
• Make sure you feel happy with the situation.

2. Offer Advice

3. Don’t Assume anything.

4. Do I help those who don’t want it?

5. Detachment 

via  pickthebrain