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Results tagged with interest
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user 34300
for questions that relate to interest. Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets.
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Should I charge my children interest when they borrow money?
If they protest, lovingly tell them that your money is not their money, and that an interest free loan from their father is a privilege, not a right. … As far as charging interest on your loans, go for it! Charge them 5% or something small. …
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