When Lending Money to Family and Friends, Treat It Like a Bank Loan

Loaning money to family or friends can be risky and create tension, especially when you’re waiting for them to pay you back. ParkBridge Wealth Management’s Jonathan Shenkman tells host Ariana Aspuru how he advises clients to put emotions aside and treat it like a bank loan. Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices