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LESSON 7 --- MONEY AND FRIENDS
Lesson7: MONEY AND FRIENDS
Some time ago, I loaned $1,000 to a couple I considered to be my closest friends. Their money was tied up in a court dispute with a business partner, and they needed financial assistance for living expenses.
I didn’t have much excess cash sitting around, but I offered them my income tax refund because I knew they were desperate. They promised to pay me back within 90 days.
The due date came and went. They didn’t send the money, and I didn’t hear a word from them. When I asked them to repay the loan soon, they assured me that the money would be in my hands within two weeks. After two weeks no money was sent and no explanation was given. When I phoned to say I really needed that $1,000, I was informed rather brusquely that they would give me the money when they could.

It’s been six months since I first told them I needed that money. I have written twice to let them know that I understand things are tight and that they are probably embarrassed. I asked if we could work out some sort of repayment schedule. So far they haven’t replied. I’ve left messages on their answering machine, but there has been no response.

Short of legal action, I don’t know what else to do to get my money back and still retain our friendship. Needless to say, I’m deeply disappointed that my good friends would treat me this way.
1. tax refund: money returned from overpayment of taxes
2. brusque: rudely abrupt in manner or speech; blunt
3. short of (something): without actually doing (something)

What does it mean?

1. Their money was tied up in a court dispute
2. excess cash sitting around
3. They were desperate.
4. due date
5. Things are tight.
6. We could work out some sort of repayment schedule.
7. short of legal action
1. How much did he lend to his friends?
2. How did he get the money for them even though he had no excess cash on hand?
3. After they broke the payment schedule twice, what did they finally say?
1. Do you believe that if you lend money to your friend, then you will lose both your friend and your money?
2. Do you think it’s OK to charge your friend reasonable interest on any money you??? lend?
3. If your friend refused to pay you back, would you take him to court?
4. Would you lend money to a friend? Why or why not?
5. Would you ask your friend for money if you were in financial trouble?

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